Sentiment leads the market; the Fed follows
Wall Street Breakfast
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Forecasting Currency Trends and Emerging Market Performance
This chapter explores expected declines in the Dixie and potential rallies over the next decade, while contrasting the performance of emerging markets against the S&P 500. It emphasizes chart analysis over fundamentals to predict that emerging markets, particularly the ETF EEM, are likely to outperform amid a possible long-term bear market for the S&P.
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