MacroVoices #332 Lyn Alden: Energy, Inflation, The Dollar & More
Macro Voices
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Is the Market Down Another 500 Points?
The markets are trading with a stone's throw of their a trading low of the year, but we still are not seeing these extreme readings. Vix is not really above its 50 day moving average, or the other types of things that would typically be associated with a true blow off bottom. And so i just feel like this market is still vulnerable. While ye your writ it didnt have its feet kicked out for a 500 point drop in short order, i also don't see a reason, though, for it to start going up here.
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