Technology Stocks Back In the Lead: Are Inflation Fears Behind Us?
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The weaker-than-expected jobs report gave the stock market some direction,
a nice treat before the 150th Kentucky Derby. Job growth slowed, and the
unemplo...
2020-09-22
The Other Most Important Chart
The U.S. Dollar Index is the most important chart for the markets here. The next one is the gold-copper ratio. Is another peak unfolding, with much stronger econoimc growth coming next year and beyond? Or is this ratio completing a monster base with incredible price targets for gold in the coming years? The latter could happen if growth doesn't materialize and governments monetize existing private and public debt with truly expansionary (something far more powerful than QE) monetary policies.
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