Page 1 stories in the Wall Street Journal definitely help, and we got that today, with some dampening of expectations that the Fed will hike rates at next week's FOMC meeting. Managing a $14 Trillion Economy is not a video game. Larry Kudlow and Vince Farrell are older men... they should know better than to get all the bulls in a heat like they did last week.
The US$ Index is seeing selling again today. I won't recap the time stamps of my notes late last week to keep a trade a trade, but they are on the board under the Currencies tab on the right nav of the portal.
The US Federal Reserve is so confused at this point that the only solution is a flat to down US stock market. This is Wall Street, where confusion breeds contempt.
KM
(picture: http://www.atlanticfreepress.com/images/stories/jasonmiller/kudlow.png)
The US$ Index is seeing selling again today. I won't recap the time stamps of my notes late last week to keep a trade a trade, but they are on the board under the Currencies tab on the right nav of the portal.
The US Federal Reserve is so confused at this point that the only solution is a flat to down US stock market. This is Wall Street, where confusion breeds contempt.
KM
(picture: http://www.atlanticfreepress.com/images/stories/jasonmiller/kudlow.png)
