The dollar has met many of the technical objectives, and has overshot them against sterling, which has fallen for six consecutive sessions, the yen, and the Canadian dollar.
The U.S. has announced sweeping new tariffs on imports from both Mexico and the EU, citing unresolved trade imbalances and ongoing issues with narcotics trafficking.
The market is strong with majority of S&P 500 stocks above their 200-day moving averages. Energy stocks are leading, while defensive sectors may offer lower volatility. Traders can use volatility to their advantage for maximum returns.
In a 2011 conversation, Charlie Munger defended Social Security as a moral obligation that preserves dignity for seniors, opposed raising the retirement age, and warned against benefit cuts—offering tax reform as a better solution amid today's renewed policy debates and rising political controversy.
