There is still principal concern over Fed tightening and we've rallied a tremendous amount since mid-May. Right now, we're kind of in breather status.
There is still principal concern over Fed tightening and we've rallied a tremendous amount since mid-May. Right now, we're kind of in breather status.
I don't expect the market to do a whole lot. With oil above 31 (a barrel) even after OPEC agreeing (to raise production), it does tell you that the inflation bell is ringing, so I do think you need to be concerned about that.
We're really just in a trading range ahead of next Tuesday, but the trend is basically bullish.
© 2020 Inspirational Stories
© 2020 Inspirational Stories