Curt Renz Capital Resources

Stock Market

Market Outlook
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Elliott Wave International
 
The popular stock market averages closed to the upside on Friday as monthly options expired. The interest rate for 10-yr treasury notes closed higher. The price closed down for gold and up for crude oil.

The POTUS provided indications that his recent tariff threats against the Chinese may have been overblown. His meeting with the Chinese president may actually take place. Congress really needs to retake its tariff responsibilities.

Meanwhile, a lack of statesmanship in Congress produces more public shaming of the other party than negotiations involving compromises. That's still a cloud hanging over the markets. Our nation's founders would not be proud.


Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells
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