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Trading | December 13, 2017
Stocks shrugged but bonds and the dollar did not… as gold spiked
The dollar is reversing recent gains quickly…
The long-end is legging lower in yield…
So bond yields lower, dollar lower, and gold higher… not exactly what The Fed would likely have wanted!
275% in one week on XLF - an index fund for the financial sector. Even 583%, in 7 days on XHB… an ETF of homebuilding companies in the S&P 500.
