13 July 2023 – 09:11 Central Euro Time

Following an unusual session wherein 7 of the 8 BEGOS Markets (save for Oil) achieved their “high if an up day”, thus far today we’ve (at present) both the Swiss Franc and Silver above their Neutral Zones; none of the other components are below same, and volatility is light. On June’s “slowing” inflation news, the Dollar Index traded down to its lowest level since April 2022; ’tis at present 100.070. Gold continues to ascend in sync with its “Baby Blues” (see Market Trends), thus far low-to-high this week from 1918 to 1968. The well-overvalued S&P 500 completed its 27th day as “textbook overbought”, the “live” P/E (fut’s adj’d) now 57.4x. Incoming metrics for the Econ Baro include June’s PPI and Treasury Budget.