Interesting morning so far – – gold is getting its shiny bottom kicked, and equities are (as usual) drifting higher. I came into the day short Brazil by way of EWZ, and unlike US markets, Brazil is actually slipping right now. Of particular interest to me, besides the enormous multi-year drift down, is this highlighted pattern……..
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Initial Reactions Drive Dollar Strength
A solid jobs report, and an unemployment rate of 4.3%, is giving the markets some much-needed direction (how about that……..95.7% are working! Although some might say it’s more like 63%…….but I digress). This is strengthening the dollar, as I’ve been hoping it would…..and like I wrote about two days ago.