MacroVoices #367 Luke Gromen: USD Update in the Wake of SVB Collapse
Macro Voices
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NASDAQ Volatility Index - Is the Market Ready for a Bullish Breakout?
The NASDAQ is holding solidly above its 200-day moving average. The market doesn't seem to be so worried about this regional bank crisis and is actually almost setting up now for a potential bull breakout. We're not even near levels where we were back in October when the last major market sell-off was. But I don't think it's as simple as assuming that the Fed is absolutely done hiking here.
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