We’ve begun the month of September with a pullback in the stock market, but we’re going to have to see more downside follow-through (and more compelling deterioration in the “internals”) before we can say that the September/October timeframe will be a very volatile one.
The dollar has become quite overbought and over-loved. Therefore, it’s getting ripe for a pullback. This could (repeat, COULD) have a positive impact on commodities and emerging markets.
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