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| The market bouned back today. |
The market regained its footing today. After a nice run, the market will often correct through either price or time. This is generally referred to as consolidation. It is both healthy and should be expected.
Well, we had about a week of consolidation in both our Flexible Income Folio and our equity folios as well. Maybe today's performance marks the beginning of the trend higher; we will see.
I think the the following charts paint the picture better than my words.
Flexible Income Folio
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| After a week of consolidation the Flexible Income Folio is rising once again. |
New America Folio
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| The New America Folio also shows the recent consolidation and a possible resumption of the trend. |
Inflation Hedges Folio
Gold ETF (GLD)
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| With the printing presses in operation around the world, Gold is once again making a run for its old highs. |
This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.
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