It seems like the only thing I hear in the financial media these days is talk about when the Fed will raise interest rates but I think people are missing the forest for the trees. The US dollar continues to surge higher and by letting it rise, effectively the Fed is already tightening. I don’t…
The stock market decided to end July with some fireworks! This is the volatility I was referring to in my last post. From a timing-cycle perspective, this drop is right on course. And the futures are indicating further downside today, although things could reverse course after the monthly nonfarm payrolls report due out at 8:30 AM.…