Stocks And Precious Metals Charts - Gods Of The Market, Idols Of The World
The Dollar and the markets reacted strongly to a slight variation in the CPI inflation data this morning.
The Dollar rallied sharply.
Stocks slumped, in stages,
Gold and silver declined.
VIX rose.
The direction of the markets was extended. Today might have been a reversal of trends more than anything else. The CPI data was merely a trigger.
Let's see how we go on this week, and particularly into the weekend.
The risk tails in the geopolitical sector are much fatter than the markets appear to allow.
Have a pleasant evening.
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Disclaimer: These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is ...
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