One day after Fed said it was entering the T-bond business, the effects of our investment strategy are playing out well.
Oil has broken out to reach its highest level of the year. Shares of energy stocks like Occidental Petroleum (OXY) and Southwestern Energy (SWN) are up nicely today. Gold is up around $70 today and the dollar is continuing to slide.
Get used to days like today because we’re going to see many more just like it.