FOMC: More Measured than the Market Thinks!
FOMC: More Measured than the Market Thinks!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets following the CPI data this week, and ahead of the FOMC next week. He continues to be constructive on equities towards new all time highs, but gives works of caution on the US Dollar and Gold (longs). Also, he gives a quick update on the Japanese yen too.
Jim gives his technical views and Elliot Wave counts for the US Dollar, Crude Oil, Gold, 30yr yields, and the S&P 500.
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