Below is a brief excerpt transcribed from Thursday's edition of The Macro Show hosted by CEO Keith McCullough and Director of Research Daryl Jones.
Hedge funds blow up all the time.
Did the bond market or currencies care? No.
The Dollar is currently down 4 basis points. Is that triggering the next apocalypse? Absolutely not.
In fact, the Dollar is getting pretty close to the top end of the range, so you should short it and buy a lot of the things that were on sale (like commodities or currencies).
No one’s talking about the CRB Commodities Index -it didn’t even move yesterday.
Feelings were everywhere in stocks yesterday – but not in currencies, and not in commodities.
