Oil is down sharply today but it’s still among the best performers versus a week ago. The same can’t be said for precious metals where Gold Miners and Silver have gotten hit hard. A smattering of EM is also down sharply versus last Monday, with Taiwan, Brazil, Poland, and Mexico seeing underperformance. The USD is down big versus GBP and EUR over the last week, while New Zealand has performed brilliantly among country ETFs.
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