Dead Cat Bounces, Gold’s New Closing High, and Yen Problems are Not Over PREVIEW by davefairtex The fallout from the big Yen move isn’t over yet. I suspect Ray Dalio is right, and one or more “someones” have blown up, behind the scenes. Any time there are “black swan” type moves, some group of leveraged traders are guaranteed to blow up in some spectacular fashion, just due to math. Dead Cat Bounces, Gold’s New Closing High, and Yen Problems are Not Over PREVIEW by davefairtex The fallout from the big Yen move isn’t over yet. I suspect Ray Dalio is right, and one or more “someones” have blown up, behind the scenes. Any time there are “black swan” type moves, some group of leveraged traders are guaranteed to blow up in some spectacular fashion, just due to math.
Dead Cat Bounce; A New Reserve Currency PREVIEW by davefairtex The markets were mixed for most of the week. However on Friday, there was a bit of a surprise rally in equities. Financial Entertainment News thought the pop on Friday was due to this: The University of Michigan’s Surveys of Consumers said consumers expect inflation to rise at a 5.3% annualized rate as of the… Dead Cat Bounce; A New Reserve Currency PREVIEW by davefairtex The markets were mixed for most of the week. However on Friday, there was a bit of a surprise rally in equities. Financial Entertainment News thought the pop on Friday was due to this: The University of Michigan’s Surveys of Consumers said consumers expect inflation to rise at a 5.3% annualized rate as of the…