U.S. Dollar Teetering on Slide - No evidence the Fed knows what it’s doing.
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"Smart Money" vs The S&P
- The key is the long "divergence" against the rising S&P.
- This has been confirming our call on a cyclical peak.
From the 1720 South Sea Bubble
My shares which on Monday I bought
Were worth millions on Tuesday, I thought
So on Wednesday I chose my abode;
In my carriage on Thursday I road;
To the ball-room on Friday I went;
To the workhouse next day I was sent.