The Weekly View: Playing the Odds
My thanks to Rod Smyth, Bill Ryder and Ken Liu for their astute timing letter.
Here is The Weekly View.
The NDR Daily Crowd Sentiment Poll shown in The Weekly View is very important. With Europe in economic trouble, the US Federal Reserve has another reason to delay that first hike in short-term interest rates once QE is ended. Consequently, monetary conditions remain positive and certainly not just in the USA, as we know. The biggest political risk is Putin, but if he stays out of Ukraine for a while, many stock markets will remain firm.
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