The European Theatre
In spite of what we are seeing in the United States, which is basically lifetime highs day after day (weekends excluded)…
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……it simply ain’t so across the Atlantic. Simply stated, if Powell isn’t throwing trillions at equities, things aren’t so hot. Thus, we have the Europe 50 STOXX futures:
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And, an even cooler chart, the FTSE:
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Look like some pretty monstrous overhead supply to you? It sure does to me.