The markets' coming squiggles
The markets follow, almost lockstep, the trajectory of the US$... although it thinks it follows the ongoing travails of the €. But that's okay, the net effects remain the same: Wild oscillations in all markets, especially during overnight sessions, with its lesser liquidity. But what of today, and the near future -- will the market crash here, now, as some market prognosticators suddenly believe?
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-- David M Gordon / The Deipnosophist
Labels: Market analyses