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The US dollar fell to a three-month low on concerns about the negative impact of US tariffs on the economy, with losses particularly stark against the euro

00:01 - 06/03/25

 

 

The S&P 500 is now down over 6% from its peak on February 19, the largest pullback since last August. This is the 30th correction >5% off of a high since the March 2009 low

 

Sitting the market out and waiting for a "coast is clear" is a train wreck of a strategy. By the time the coast is clear, many of the best days and biggest gains will have already passed

 

 

 

Copper is setup for deficits from this year through at least 2027, a bullish backdrop that could become much moreso should we see China announce a more aggressive domestic stimulus package during their NPC meetings, which start on March 5th.

 

 

Now there's something you don't see every day! Hedge funds have been selling off tech and communication services in size, with the largest monthly sell so far in February that we've seen since January of 2021. Goldman says it's one of the largest such sells on record

 

 

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