• [WEBCAST] Raoul Pal & Neil Howe: A Sobering U.S. Economic Reality Check

    Prepare your portfolio for “big picture” paradigm shifts with Real Vision co-founder Raoul Pal and Demography analyst Neil Howe. Watch the replay from this webcast.

One of the emerging bullish factors in our macro strategy model is the stabilization that we are finally starting to see in the foreign currency market. After a September to remember, followed by an October to forget, the November thaw in daily currency volatility has been a welcomed change.

Below we show this via 3 currency lines: the US, Canadian, and Australian dollars. Last night, Asia currencies continued to stabilize alongside Asian equity markets, which are now all being buoyed by a proactive Chinese government stimulus package.

Bottoms in markets are processes, not points. This is one more macro factor to add to the bullish side of the ledger.
KM