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Tag: Pound underperforms

Market in Review 12/13/2023

By on 14/12/2023 Tags: , , , , , , , ,

MARKET REPORT

Review:
– Dollar smoked
– The Summary of Economic Projections showed that the FOMC expects the Fed Funds rate to be 4.75% vs 5.25% previously projected
– Dollar down vs EVERYTHING. AUD +1.65%, Euro -0.75%, Pound +0.4% (underperformer, hint, it’s a buy), Yen SMOKED -2.3%! (Yesterday you got long and were wrong. 140 on the cards)
– Gold SURGES. Above the crucial 2040 level. Expect more.
– Silver up over 4% Rejection of lows, now in a huge bull market. Buy it. Now.
– Equities (unsurprisingly) love the news. +1.5% across the board.
– Crypto Rallies HARD
– Crude rallies but still deep in a bear market.

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