"a lot of the trading expectations have recently spilled over from the bond markets, to currency markets, with the euro falling sharply against the dollar. On Wednesday, the currency even fell to $1.13, and is still holding at that level, marking a low that was last seen 16 months ago. Against the pound, the euro is near levels not seen since the start of the pandemic and many traders are pricing in further near-term weakness."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?
sorry folks gotta move all this mulch by this weekend.
WE're preparing for my son Cavan's high school graduation party. So, it's a BIT hectic here to make sure everything is in place...
If it was me, I'd grill burgers and sit on coolers full of water. But apparently I'm not in charge. Who knew?