Markets are often right, but they are sometimes wrong
The price takes account of everything. Looking at the pound’s rally in October, one starts to believe involuntarily in the principles of technical analysis. One had to be a medium to understand what Boris Johnson was talking about during his visit to Brussels and Dublin. The talks were called “tunnel negotiations” for a reason: they took place behind closed doors and there was almost no hope to see the light at the end of the tunnel. However, even extrasensory powers don’t guarantee that you will become rich. Mediums are the most…
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