by Chuck Butler
Daily Pfennig

Good day… And a Marvelous Monday to you! Well, my beloved Missouri Tigers got back on the winning tracks on Saturday, but the Rams found a way to lose once again. UGH! The weather here in St. Louis was chilly but sunny, and the sun is a rarity in November, with steel gray days the norm, so we had a treat! It warmed up enough for me to fire up the Big Green Egg yesterday, so that always puts me in a good mood!

The dollar rally that was well in place on Friday, carried out through the end of the week. The dollar rally began with the FOMC so-called hawkish statement, then received some support from the weak inflation data from the Eurozone, and then a stronger than expected ISM Manufacturing Index… So, let’s start there, and begin to work our way through everything today…

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