Speculative excesses are starting to crack My base case is that speculative excesses have driven many markets too high, too fast. Some markets that attracted…
Possible major inflection point: stocks and commodities peaking, US Dollar turning higher at the end of April The S+P 500 stock index hit All-Time Highs…
Equities: choppy near All-Time Highs, US Dollar: weaker, commodities: smoking hot! The S+P 500 index chopped up and down within a narrow range this week…