WHAT NOW FOR STOCK INVESTORS? FED PUTS LESS AIR IN THE BUBBLE THAN EXPECTED $UUP $SPY $QQQ $IWM $AMZN $GLD $SLV $GDX $FB $MSFT $AAPL
Stock market investors are addicted to easy money and, just like an addict, they want more easy money.
The bubble in many assets, not only stocks, is getting bigger across the globe. The Federal Reserve pumped more air into the bubble with an interest-rate cut, but not as much air as bulls wanted. The bulls do not like that they did not get what they wanted. Prudent investors are asking, “What now?”
Let’s examine with the help of a chart.
Chart
Please click here for an annotated chart of U.S. Dollar Index ETF UUP. Please note the following:
• The dollar index rises when the U.S.… Please click here or the title below to read more.
August 1, 2019