...as I mentioned last night, when foreign investors start to dump ahead of what they see to be a possible turbulent period as we close in on the Nov elections and ahead of a possible USD decline and US rate cut, the exodus would be a headwind for stocks.
...the overdue correction may already be under way. US futures would just blindside us- last night US market started in a positive way just as what futures showed but gradually sunk into the red as the trading session progressed.
China dumped an ALL-TIME HIGH $42.6 billion worth of U.S. Securities in May
https://x.com/Barchart/status/1814116900714246223
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- Its Over
...as I mentioned last night, when foreign investors start to...
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Dr. Hartley Atkinson, MD
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