Trader: “Ok, So What Do We Do Now?”

Remember "Warning: 'Cliches May Be Boring,' But Nature Does 'Abhor A Vacuum'"? So that was from Monday and in that post we highlighted some cautionary commentary from Bloomberg contributor Cameron Crise who warned that if history is any guide, gaps tend to close - and in fairly short order. That of course came on the heels of predictably erratic Australasia FX trading following the "market-friendly" outcome of the first round of the French elections. And while the direction of the moves did

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2 thoughts on “Trader: “Ok, So What Do We Do Now?””

You’ve been my main source of education about the French election for months. I’m not sure why now that we’ve gotten an excellent outcome, you need to put “market friendly” in quotes and write that you don’t really understand why the market went higher? If you have more thoughts on why Macron isn’t going to be market friendly or why you think he may still lose I’d be interested in hearing. Thanks!

If that’s your way of implying that you don’t agree with the magnitude of the moves, hey you’re the guru and I’m with you on that count. Ok I’ll shut up!