The Dog Days of Summer…

by Chuck Butler
Daily Pfennig

Good Day… And a Tom Terrific Tuesday to you! Well, the week of no “real economic data” starts its second day today… Have you ever heard of the dog days of summer? Sure you have! Well, in most cases the term is referring to the August days in baseball, especially when they used to play so many day games. Well, many years ago, when I first began trading currencies for the Mark Twain Bank, I soon realized that the term also applies to the currencies and markets in general. And we’re soon coming up on August, and the dog days of summer for the currencies and metals… Yes, greets me this morning with their song: Soon, which if I remember correctly, is the all-time best rock song to listen to with good headphones… I was always a big fan of Yes…

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