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home / news releases / SMLL - W-Shaped Recession Isn't Off The Table: Pal


SMLL - W-Shaped Recession Isn't Off The Table: Pal

A number of technical indicators are saying it may be time for a reversal of the dollar weakness phase, Real Vision CEO Raoul Pal said during today's Daily Briefing.

Pal said that signs of reversal made a lot of other markets slightly unsettled, including gold, certain equities, and some foreign equity markets. It's very important what the dollar does from here, Pal said. If it sharpens quickly, because of the sheer size of the positions the other way around, it could increase volatility.

Pal thinks we'll see significant volatility in next two to three weeks

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Stock Information

Company Name: Direxion Daily Small Cap Bull 2X Shares
Stock Symbol: SMLL
Market: NYSE

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