Loading ...Working against higher rates 10 yr up 3 bips, dollar up slightly.
Shares look OK to start although that can change in the next 30 minutes.
I think if we see commodities like oil start to rally in front of whatever the BRICS do, we’ll know that the dollar is losing value. In that case I could see the Fed start to raise rapidly to try to protect the dollar. It won’t work though.
The only thing left to know is how pm’s will perform.
Thank God that I bought a couple of AI stocks, they have kept me in balance. At least for now.