Observations over the years reveal that hedge fund managers tend to extrapolate current trends of financial markets into the future — just like most Main Street investors. In other words, hedge fund managers are just as much a part of the “crowd” as the little guy. So, this 2021 headline from the American Enterprise Institute […]
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China’s trade surplus widened to USD 103.2B in May, exceeding expectations of USD 101.3, even as headline export and import figures undershot forecasts. Exports rose 4.8% yoy, just shy of the 5.0% yoy consensus. Imports Read more…
Key Highlights EUR/USD corrected some gains from the 1.1500 resistance zone. A connecting bullish trend line is forming with support at 1.1330 on the 4-hour chart. GBP/USD tested the 1.3600 resistance and corrected some gains. Read more…
There are several economic reports worth looking at this week, but pay closer attention to two economic events. One will come from London. The other comes Friday from Michigan. 🔥Get $100 off TheStreet Pro — our Read more…