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The Carry Trade Warning Signal - Fat Tail Daily
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The Carry Trade Warning Signal - Fat Tail Daily
I thought I would spend this week eating my words from last week as the ASX 200 shot up 400 points. But I am going to stick to my guns and say that a correction is in the offing. The set up in the S&P 500 is compelling on the daily chart. I will even stick my neck out and say I wouldn’t be surprised if I woke up tomorrow morning (Saturday) and saw the S&P 500 down 200-300 points. But today’s Closing Bell isn’t all doom and gloom. When markets st…
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