IIFT Daily Note with Peter Brown

Choppy

Posted by:  |  Time: 7:47 am  |  Topic:
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It’s going to be  a choppy week. The S&P is now down 1000 points from last week. We are still headed lower in the absence of concrete proposals. Bounces will be big, like friday’s. The americans will try to talk this up and being short into their session will be dangerous. S&P and Gold are the only games really. FX still confused and slow by comparison.

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