am/FX Archive

Free am/FX notes

Talking about:

• Positioning isn’t all that useful in bear markets. In fact, it’s directional.
• Bad news / good price is a short-term phenomenon that has probably now played out.
• Quiet, choppy consolidation to start the week, but I think you still sell rallies in stocks.

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Talking about the widening gap between nominal and real and why it’s important to keep in mind that some government data is real (GDP) and much is not (Retail Sales).

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