Markets are bouncing, but broader trends are bearish, and macro conditions weak. Focus on the weakest ETFs, and how they are trending over the medium term.
Just as our availability bias can cause us to be over optimistic, it can also cause us to be over pessimistic. Here’s how to mitigate its effects.
US yields aren’t pushing higher anymore, regardless of the Fed’s hikes, or crazy inflation. If US yields keep falling, global markets are in for more chaos.
Risk assets managed a small rally, but they turned again yesterday. USD is marching higher, as more markets show that something is wrong in the global economy.