On Second Thought, Maybe A Trade War Isn’t A Good Idea!
June 26, 2018 * Currencies rally, then fall back… * More warnings that a recession in near… Good Day… And a Tom Terrific Tuesday to you! How was your World Beatles Day? Mine was fine… not much going on, lots of reading. Had a nice phone conversation with good friend, Dennis Miller, who told me that 191 of you dear Pfennig Readers signed up for his letter and the special report I highlighted last week! Way to go! Of course in my mind, I would have thought tens of thousands should have signed up… But what do I know? HA! The Big Bad Cleveland Indians came to town last night and well, Cardinals’ pitchers shut them out! YAHOO! Triumph greets me this morning with their song: Lay It On The Line… I sure would like to see these currency rallies move as fast going up and they do going down! Yesterday, saw the euro gain from 1.1668 to 1.1705 on the day, not a huge move, but at least the euro has a 1.17 handle again, is what I thought when I turned the currency screen yesterday afternoon! ..
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