Stocks Hit Pause As Economic Uncertainty Tempers The Rally
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Stocks have been on a red-hot rally, but they’ve hit the brakes right at technical resistance, just as the charts predicted. Now, the market’s waiting with bated breath for this week’s FOMC minutes and the big showdown—Fed Chair Powell’s Jackson Hole speech.
While gold is shining as the market’s strongest player, keep an eye on the Japanese Yen, which might stir up some unexpected volatility.
On the bright side, tech and biotech are flexing their muscles, and if the Dollar keeps slipping, it could give stocks an extra shot of adrenaline.
Buckle up—it’s going to be an exciting week!
Video Length: 00:08:11
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