Stocks keep coiling near their all-time highs ahead of a slew of Big Tech earnings releases. In fact, by the time you read this, Google and Snapchat ought to have reported, and the releases won’t let up anytime soon.
We’re also due to get a look at big inflation and employment reports this week, leading into an imminent Fed rate cut.
And, lest we forget, there’s a presidential election next week.
So, yes, headline risk is out there, creeping steadily higher. It’d be a mistake to ignore it. All the same, it’d be an even more grave mistake to hunker down and hide.
Here’s why: Bitcoin is within spitting distance of its all-time high, while precious metals continue an impressive run of outperformance.
We’ll talk about this and more tonight.