Growth Will Be Sluggish And Corporate Fundamentals Will Deteriorate. So Buy The Dip And Short Vol., Of Course!
You don't have to be particularly bullish on the US economy (or on the outlook for the rest of the world, for that matter) to tentatively suggest that risk asset dips should be bought and that vol. spikes should be sold.
All you need to know is that when it comes to the potential for central bank asset purchases to suppress volatility, both the "flow" and the "stock" impulses are back in play.
Let's briefly review.
Generally speaking, the “stock” effect refers to the notion that the seq
At some point, the economy runs out of steam, regardless of what Central banks do….stock indices are setup to top this week.
It’s not just CBs. One shd not ignore stock buybacks.
The Fed, SEC, Treasury, etc., are all captured by those they are tasked to control in the US. The EU and UK are even worse. Barring pitchforks, flames and guillotines the casino will remain open.