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US Dollar Posts Opposing Breaks with EURUSD and USDJPY, S&P 500 Tip Toes Among Bears
video While I find great value in determining the most effective driver of the broader financial system – as it can aid in determining whether trends are sustainable or temporary, prone to impending event risk or not – sometimes the ends matter more than the means. While there is no serious indication of panic in the market’s slide, it seems to be increasingly guided by a bias that doesn’t require constant foothold in event risk. If we were in a spiral, there would be no mistaking the panic; but the rapid descent would also more likely find its bottom more quickly, similar to the pandemic slump. Instead, ... (full story)