This bulletin projects the likely targets of this intermediate term top breakdown and shows why it may have longer term implications. Market Indicators Update
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During Friday’s bloodbath I heard a CNBC anchor lady assuring her (scant) remaining audience that Brexit wasn’t a big sweat. That’s because it is purportedly a political crisis, not a financial one. Presumably in the rarified canyons of Wall Street, politics doesn’t matter much. After all, when things get desperate enough, Washington caves and does “whatever it takes” to get…
Well, ain’t that a kick in the head.
In the wake of the Brexit, London’s position as the global energy capital is in question, and major moves are underway in the energy market.
There’s a “Brexit Loophole” that could keep the UK from officially exiting the European Union.
Wait a minute. They’re already dead. Brexit just reveals that not everybody’s brains have been eaten.
Gold is barely holding above the trendline at the top of the broadening, or megaphone, pattern at 1327.
“Pace of U.S. New Home Sales Slows in May” was the Wall Street Journal’s headline on the Census Bureau’s report released last week. But the body of the article had an entirely different tone, exemplified by “Broadly, other data show the housing market as a bright spot in an otherwise choppy economy.” Apparently everything is…
The sense of having a real say, and possessing actual agency, is very empowering, and very rare, for members of the lower-middle class and the working class today.The premier strategy for retaining power is to give the powerless a carefully managed ill…