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Stocks (almost) erase Brexit plunge
Evidence is firmly bullish Defensive sectors hit all-time highs But even riskier sectors are close to 52-week highs Bonds also hit all-time highs (I wouldn’t chase them up here) Dollar gains slightly Pound drops more, but may be ready to bounce Yen also ripe for a reversal Gold and GDX push higher amid currency turmoil Two hard commodities that gained this week (oil and natural gas) Two soft commodities going the opposite ways (soybeans and wheat) Charts mentioned in this video are located here |
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