Retreating Bears And Dollar Struggles
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ValueWalk
ValueWalk
S&P 500 decline leaves something to be desired – conviction of the bears. Credit markets and the dollar have sent not so subtle signs that we‘re in the latter innings of this week‘s corrective move, and a snapback attempt in stocks is likely. That‘s even more so true in commodities – these didn‘t wait (with the exception of copper). Stocks though remain wavering, without a clear tech or value leader. Q2 2021 hedge fund letters, conferences and more But did you notice the degree of bearishness that such a measly downswing elicited? Given where the Fed and Treasury are in monetary and spending p…