S&P 500 Set to Test 6000?
S&P 500 Set to Test 6000?
Jim Welsh of Macro Tides and Blake Morrow discuss the markets as they drift towards key support. Jim thinks the risk is building for fresh lows. He also talks about PCE and how inflation is set to get even hotter in the months ahead. His argument circles around household budgets being strained as energy costs soar. He builds the case for the US Dollar to breakout higher and make a move towards the 107.xx level!
Jim also gives his Elliott Wave views on 10yr Yields, gold, S&P and the Dollar.
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JWelsh@SmartPortfolios.com
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