Macro Afternoon
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A mixed reaction to the slip on Wall Street overnight across Asian stock
markets with local stocks losing their risk on mood the most, while Chinese
shar...
2022-06-22
All Except the Yen is Happening as I Have Foreseen
I see a big drop in crude, a nice big base in ZB and NQ, with the NQ rally taking time as I anticipated. Copper broke down. The only holdout is the yen, but if U.S. bonds start rallying, the pressure on the yen and JGBs will lift. Will have to see how things play out, but I'm inclined to buy the dip in stocks this morning.
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Excellent stuff, thanks.
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