Technology downturn is not encouraging; Volatility looks possible into 11/10-15

Increasingly it’s looking like Wednesday’s abrupt reversal could lead to a greater amount of volatility in the short run ahead of November’s all-important CPI report and mid-term elections. While rates seem to be close to peaking out, which would coincide with Equities bottoming, uptrends were broken from mid-October, and Technology is turning down more quickly than is comfortable.  The real question is whether Equity markets start to respect the 10- or 2...

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