Marc Chandler: This market pullback could very well be natural profit taking
Head of Global Currency Strategy at Brown Brothers Harriman, Marc Chandler shares his thoughts on all this saber rattling between North Korea and the US. He mentions that the pullback in the US markets is natural considering the consistent moves up we have seen after a relatively good earnings seasons. This can be considered a profit taking event.
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Greg Mannorino on the sidelines….., this is a change from last week. Mostly because of Yellen.
Martin Armstrong…………Healthcare killing retail….and no Amazon is not killing retail
Healthcare cost $3.3 Trillion……Retail sales are $5.5 Trillion….and Big Mouth MCCain caused a wreckage in the economy by his vote on Obastard care
Too much money is being spent on healthcare, and taking money away from retail…..was the thought.
Jim Willie:
The Golden Jackass needs to brush up on cryptos.
ditto…….and a few others………..
Some of the gurus have completely missed the cryptos, ……
Fat Boy gonna use a small island in the Pacific to test his nukes out on some song birds and lizards. Then it’s on.
Not sure what Marc meant about $1300 gold then he quickly corrected to $2300 – anyone know what he meant?
He was confused with stocks….He meant $1300 with gold
By stocs I mean, of course, S&P, note he started with 24 hundred
Thanks CFS – so he was suggesting 2300 target possible for S&P?
SSRM and PAAS are up 12% today!