S&P 500, VIX, US Dollar – Seasonal Transition and Rate Decisions In the Week Ahead

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From dailyfx.com

We closed out this past week with some serious fundamental event risk, but the transition we are making is far more significant than just a move from an NFPs-backed Friday into yet another trading week. We are passing through what is consider the threshold of ‘summer doldrums’ into a significantly more active fall trading period. Of course, there is nothing that demands that we must live up to these averages; but a restoration of liquidity doesn’t find us in a particularly favorable fundamental backdrop. Recession risks are building as central banks make a very explicit commitment to fight inflation at … (full story)