PRE MARKET
U.S.
ECB
JAPAN
ENGLAND
DENMARK
AUSTRALIA
RUSSIA
BRAZIL
INDIA
CHINA
HONG KONG
THAILAND
MEXICO
PHILIPPINES
TURKEY
SOUTH AFRICA
INDONESIA
KOREA
All are easing…with a bunch with negative rates. Not only do we have full employment but we are NOT in recession yet we are still easing and amazingly, “MAY RESUME ORGANIC BALANCE SHEET GROWTH EARLIER THAN THOUGHT!” Yes…Powell going to print money. One has to believe markets will not be unhappy with all this. The big 4 are nearing old highs. Internals not even close but they could improve if the big 4 move out.
Gary, my question is what does all this mean? I’ve been trading for a long time and every time I think I got it I still make mistakes.