Stocks in Japan closed almost 4% higher overnight after the Yen decline, investors viewed the Fed comments positively, and gold hit a record. This confluence of events sent exporters soaring and miners higher. European shares are opening over 1% higher while Hong Kong closed over 1% higher. Expect the dollar down stocks up trade to continue tomorrow….This is almost getting too predictable….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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