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Macro Snapshot
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LongKC
Posted 11/4/2014 04:33 (#4159527)
Subject: Macro Snapshot


Middle Tennessee
I am a macro know-nothing, but I've been following some comments here for a while on the topic. Please correct if mistaken, but DJM, White Shadow, Fishguts2, and others have said for a while we may have energy behind the dollar and equities, while commodities get sandbagged.

What we've seen over the last couple weeks is very consistent with those outlooks, with dollar and stock indices pushing new highs, and gold and oil looking bad to worse,
I know there's an election tomorrow, and there's always the possibility that these valuations are pushing the range of resistance and support. I'm interested in viewpoints:
is this a blip, or the cusp of some major moves?
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