The Yield Curve is flattening at the long end, while looking like it could start to invert on the short end.
The S&P500 has had a tight correlation to the monetary base. Will the Fed let the monetary base decline in an election year where Donald Trump is attacking the establishment?
Everyone is long the dollar. This could reverse quickly.
Dollar bull and bear markets last about 7 years on average. The USD bottomed in 2008. Any change in tone from the Fed could tip the tables quick and play right into the time period from bottom to top that the USD follows.
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