Loading ...and things are flat to start another day.
HUI closed just below the 200 dma yesterday, RSI @ 29. Don’t know how much further it has to fall after 9 down days in a row, but I’d hope not much more.
Question: Is it possible that the Fed will throw us into deflation? It doesn’t seem likely, but it starts with energy prices, and it’s getting cheaper. They are trying to crush demand, but what if they’ve already done it? Housing is toast.