Stocks Break Out, But Bonds Are Dropping Hard… Is Higher Inflation Coming?
by The Phoenix Stocks exploded higher on Friday when it was reported the US unexpectedly ADDED 2.5 million jobs in May (estimates were anticipating a LOSS of eight million). The market blasted through resistance (red line) and is now within 6% of new all-time highs. The question is whether we get a consolidation now, or if … Read more