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ValueWalk
S&P 500 bid is improving in breadth, and the fake moves rich consolidation‘s lows are getting more distant. And they are likely to stay that way as the market reassesses the Fed intentions to talk about talking taper – making the dollar catch a bid at first, the greenback keeps predictably tanking now, meaning that the Fed noises aren‘t to no surprise of mine taken seriously in the currency arena: Q1 2021 hedge fund letters, conferences and more (…) It‘s when the Fed would really move that the greenback would go up again. The important word here is „really“ – this doesn‘t qualify yet, but the …
