A JPMorgan trader warned his clients: Fundamental long-term money is selling. I sense that we’re at the apex of some unknown pivot point in the market. I can’t shake it.
This isn’t just about a geopolitical power play. Any erosion of the dollar’s status could have significant economic ramifications for the average American.
What may have been a surprise is how the fall of stocks in the last couple of days as the momentum rally in AI sputtered would pour so much money into safe havens, driving gold to new record heights two days in a row now...