The Reserve Bank of Australia slowed rate hikes. And markets seem to have taken that as a sign that every central bank will reverse course as well.
Some may, but the US Federal Reserve won’t — and equity markets are going to be be sorely disappointed.
► For today’s pick, we’re betting on a reversal of this rally. Short the S&P with SDS. Watch the video for details.
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ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.
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