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EUR 23.10
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http://track.com/articles/the-weekly-track-and-she-was/
Goodbye 2016, we hardly knew you. Hello 2017. The markets are open and ready for business – almost. Much of the world was shut January 2 for a holiday, including the US. The start of 2017 was feeble, like the close on December 30th, but in that many find solace as they see risk in the ebullient mood from November 8th onwards. The hope for a pull back to buy stocks, sell bonds and pick up some cheap USD hold outs the hope for a larger trend into the new year. For many, the end of 2016 was a blessing as the toll of geopolitical change and fear didn’t relate to the markets. For others there was a transcendence about the fray of doubt and economic divergence into something bigger – like the girl tripping in Baltimore next to the Yoo-Hoo factory. The end of the bond market rally, the extension of the stock market rally, the end of Fed easy money and the beginning of an extended USD rally. The US dollar rally in 2016 was the 4th year in a row suggesting something i
s very different in the world. No one starts a new year without hope and best wishes and we expect the reality of Dec 29 to fade quickly back to the joy of January 3.
The Weekly Track and-she-was
- The Weekly Track – And She Was by Bob Savagehttp://track.com/articles/the-weekly-track-and-she-was/
Goodbye 2016, we hardly knew you. Hello 2017. The markets are open and ready for business – almost. Much of the world was shut January 2 for a holiday, including the US. The start of 2017 was feeble, like the close on December 30th, but in that many find solace as they see risk in the ebullient mood from November 8th onwards. The hope for a pull back to buy stocks, sell bonds and pick up some cheap USD hold outs the hope for a larger trend into the new year. For many, the end of 2016 was a blessing as the toll of geopolitical change and fear didn’t relate to the markets. For others there was a transcendence about the fray of doubt and economic divergence into something bigger – like the girl tripping in Baltimore next to the Yoo-Hoo factory. The end of the bond market rally, the extension of the stock market rally, the end of Fed easy money and the beginning of an extended USD rally. The US dollar rally in 2016 was the 4th year in a row suggesting something i
s very different in the world. No one starts a new year without hope and best wishes and we expect the reality of Dec 29 to fade quickly back to the joy of January 3.
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Track
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Robert Savage
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