[Week 49 - 2021] Trades Recap and Trade Setups
Updated: Mar 28
Risk off was weighing on the market as Powell signaled a shift from transitionary inflation (which many have been calling out) to not transitory. The non stop printing of the dollar will finally be controlled (by just a bit) with tapering. Stock fell and dollar rose upon the news.
Friday's job report was a huge miss, signaling that maybe the economy was not recovering as fast as the market think it is. Will the Feds shift their stance again?
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