Dow and Dollar Trends Follow Liquidity Rather than Technical Breaks, Fundamental Themes

Dow and Dollar Trends Follow Liquidity Rather than Technical Breaks, Fundamental Themes

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We are moving from June into July with a well-known liquidity swoon ahead. The indecision on the Dow and S&P 500 was already conspicuous, but the seasonal implications will create serious distortions in technical and fundamental activity moving forward.

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