hi avgjoe
re my usd pog selloff - i expect 1220 in the fake usd rate rise drive over next 2 weeks and down to as low as 1180 in a full blown equity selloff if it happens prety much same time
but rezlly depends on economic data between now and the equity correction. rnough weak data and the momentum trade will start seeing equity correction as compoundign US recession
but lets face it- US are market makers and they generally dont see their own economy very clearly at an aggregate insto levek
hence i expect dip and rip.
interesting discussion. we shall see
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