Doug Casey Has "Never Seen Anything Like This"
Via InternationalMan.com,
Nick Giambruno: Doug, what do you think is the root problem of the US economy and financial system?
Via InternationalMan.com,
Nick Giambruno: Doug, what do you think is the root problem of the US economy and financial system?
Gartman did it again - as we warned pre-open - Which means one thing: both Goldman and Gartman are now short stocks, and expecting further selling - perhaps just the catalyst bulls were waiting for to step in and BTFD...
The machines were working over time to keep stocks up today to prove confidence in Trump and the economic hope remains...
But by the close they failed to hold The Dow green...Nasdaq surged (AAPL helped)
"Warning! US equities can occasionally go down as well as up a lot."
It's about time...
What will today's damage do to Trumphoria and the hope trade?
One. Big. Squeeze...
It was quite a week for 'uncertainty' as Europe's VIX crashed to record lows, and FX and Rate vols plunged after the Fed move and Dutch elections...