The Apple earnings reactions are demonstrated by the vertical lines on the chart below. Looks like the Apple phenomenon has played out again...surprise surprise. This is a chart is an updated chart of a recent chart of Apple I put out before they reported.
The Fed's Real Job: Propping Up Dollar Reserve Currency Status
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Alexander Salter and Joshua Hendrickson argue that the Fed's actual
institutional role is to backstop U.S. dollar hegemony.
7 hours ago
