I have seen this Symmetrical Triangle in several places lately. I have avoided micromanaging it here and in the newsletter because I didn't trust it to resolve bullishly. Yesterday USD broke down and today there is follow through.
Kind of fits with a policy making regime desperate to sacrifice the currency in the name of inflation. Uncle Buck's worst problem may be how well contained the effects of inflation (like commodities) are to this point.
In Wonderland, lower prices are good for inflation because lower prices bring out inflationary policy. You see?
Hey, have a great weekend.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Kind of fits with a policy making regime desperate to sacrifice the currency in the name of inflation. Uncle Buck's worst problem may be how well contained the effects of inflation (like commodities) are to this point.
In Wonderland, lower prices are good for inflation because lower prices bring out inflationary policy. You see?
Hey, have a great weekend.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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