Emerging Money Daily Audio Call August 28 – Jackson Hole came and went without much fanfare which for global equity markets is probably a good thing as the risks were slanted towards hawkish rhetoric if we were going to get any.
Emerging Money Daily Audio Call July 25 – As equity valuations continue to concern some strategists, earnings are giving investors just enough as long as the Fed and global central banks stay idle.
There are the charts that stand out to us this morning:
Copper: Today is all about oil as a combination of some producer bankruptcies, and a merger in the pas production space, a Goldman upgrade and follow through from last week’s rig count numbers drive Brent to fresh highs. So why a chart about Copper?
Markets under control despite resounding OXI from Greece yesterday. As we noted last night the price action is about testing the levels form last week and overall key levels for the indices and macro.
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