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U.S. Economy Stumbles?: Outlook- June 29, 2014

U.S. Economy Stumbles?: Outlook- June 29, 2014

6 Years ago | June 29, 2014 00:00:00



GDP Revision Miss
One thing I have learned over the years is to keep patriotism or personal political bias out of my trading. I try to look at the economic from each individual country as objectively as possible. As a general rule, the currencies from the countries with the strongest economies perform the best, while those with the weakest economies perform the worst. For those who don't follow the fundamentals, I have distilled these economic comparisons to a single simple chart using PMI data updated monthly that track the performance of economies very well. Note in the chart below that the four economies that we follow in order of strength to bottom are the U.K., U.S., Eurozone and Japan. This is by no means a foolproo

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