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The Weekly - September 13, 2024
FOMC up next to manage the narrative over the 'Inflation Extinction Event' unfolding into Q4'24......China centre- stage still.
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FOMC up next to manage the narrative over the 'Inflation Extinction Event' unfolding into Q4'24......China centre- stage still.
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Benchmark supremacy (Reversal Lower) & leadership dominates with the DAX now confirming; Sino Risks NOT going away anytime soon.
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Indecision & Hesitancy both best describes an uneventful week & keeps it simple, for the moment.
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Risk Asset Leadership victim to the Populist Broader Market as Benchmark (SP500, NDX100) Daily Reversals seemingly ignored. Could it simply be a 'Joyous' Rally to 'where exactly?'
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Onwards & Upwards a la a Soft Landing with Jay P substituting for Rod Serling? 'Expect the Unexpected' seems appropriate for the moment.
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Seismic shift in perceptions OR simply confirmation of what the 'Social Silence' peer pressure had kept us tight lipped for so much of 2024?