MacroVoices #341 Jim Bianco: Inflation Is Not Going Away
Macro Voices
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The Primary Down Trend Is Still Intact
The big tell was the big rally we had leading up to the inflation number. We had a very oversold market. And with the fact that every ralley is being sold in lower his, the primary down trend remains quite intact. The buls are in bad shape here, and the the charts are quite weak and invulnerable.
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