08.05.2019 - By John Pugliano
Episode 294: Today in retaliation to new tariffs, the Chinese have devalued their currency. This is very similar to what we saw in August of 2015.
Global markets have tumbled and the S&P500; has broken below its 100dma. For now I’m holding and don’t plan to buy this dip unless the S&P500; gets to or below its 200dma.
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