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Thanks for this great video Marty. You are never too early in posting the video. I always enjoy watching the technical basis of the market. I can't help but laugh out loud when you mention the word "neutral" because I am seeing exactly what you have been talking about for the past few months. I think the upcoming CPI reading and Fed meeting will be interesting. When I think about the US market compared to other markets in the World, we are definitely in far better shape in terms of the economy. I have never seen the Euro drops this low since 2002. I would say this is the best time to travel to Europe for a long vacation with the exchange rate so low.
ReplyDeleteYes indeed Sam, great time to travel to Europe. In fact tourism has been a bright spot for the EU economy of late. Ultimately, coming off of these, or lower, levels, and from current valuations, etc., makes for a very interesting (bullish) setup, believe it not, for Eurozone equities on the other side of this. And, for sure, CPI and the Fed are near-term huge going forward...
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