The pullback in global indexes, and the implied risk aversion, continues. It has now officially reached the US indexes as they log their second straight week in their double Bollinger® band neutral zone. It could have been worse. For example, the S&P 500 would likely have closed the week much lower, and below key support at 1900, if Russia had not announced an end to military “exercises” on Ukraine’s border. The risk aversion driving global markets has caused some kept the USD up despite falling treasury yields, as investors’ focus on safety rather than yield. See our fundamental analysis for more on that. KEY: 10 ... (full story)