The US Federal Reserve

Financials Entering the Sell Zone

The Financials Index [ASX:XFJ] in Australia has seen some serious weakness over the past few years. Property markets in Australia are rapidly coming off the boil so the engine room of bank profitability is slowing from its breakneck pace of the past decade.

The Second Half Slowdown

The smart money flow index has just plunged. There’s a risk that you’re going to see another leg down in US stocks very shortly. What will happen next?
Money Morning Australia