Market Talk – May 9, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 574.70 points or 1.56% to 37,503.33 • Shanghai decreased 10.00 points or -0.30% to 3,342.00 [...]
QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct? ANSWER: Yes. This illustrates just how big the short euro position … Continue reading