CRB was down today at the same time as equities were up. Additionally, the Russell hit a good extension off the moves off the lows of last year in aswell as a significant trendline off the rally from 2009 lows. Nasdaq 100 is also running into resistance and all of this action was not confirmed by the VIX which did not get anywhere making new lows. Meanwhile the DAX is at the convergence of resistance after filling its gap.
Lessons from China: Industrial Policy Works Even After Retaliation
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A new study finds that industrial policy pays off, even after factoring in
the cost of retaliation. So when will neoliberals wise up?
4 hours ago