Friday, May 22, 2009
Recent Intermarket Relationships on the Radar
Some intermarket relationships impacting recent trading: weak stocks (top chart), weak dollar versus euro (second chart from top), strong gold (second chart from bottom), rising Treasury rates (bottom chart). Could we be looking at inflation sooner than expected? If so, that would have important implications for Federal Reserve policy, interest rates, commodities, and the prospects for sustained economic recovery.
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