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The Technical Backdrop: When Flows Meet A Hawkish Fed
The Technical Backdrop: When Flows Meet A Hawkish Fed
Authored by Lance Roberts via RealInvestmentAdvice.com,
Here’s the setup most investors are underrating right now. Over the next two weeks, the tape will trade on plumbing rather than fundamentals. We just cleared the largest options expiration in history. Quarter-end pension selling comes next, and then July 1 reopens the passive-money firehose into a market that already routes forty cents of every S&P 500 dollar into ten stocks. The whole market technical backdrop points higher into July. But Kevin Warsh’s first meeting as...
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Via The Cradle
International shipping firms are offering crews large bonuses to transit the Strait of Hormuz despite the risks involved, Bloomberg reported Monday.
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Iranian military speedboats, illustrative file image
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