Catching Up With The Bulls
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S&P 500 didn‘t buy the FOMC message, and the downswing continued on Juneteenth – but Nasdaq is still leading, market breadth slowly deteriorating, but cracking, so what‘s that typical of? Rotations and selectivity, which is also what I‘m discussing in today‘s video – with BTC and oil holding up nicely alongside the dollar while rates are pointing higher… and yet, equities are rallying while my weekend premium Mideast prediction is unfortunately on track… with the distinct hue of some two weeks given (taking off pressure of the moment). Those crypto and stablecoins developments are though undeniably positive the US economy, shaking up the financial landscape.
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