There’s Blood In The Water For Emerging Markets – Again
It’s not over.
It’s not over.
The tide is going out.
It’s raining, it’s pouring…
Wednesday is a disconcerting day for emerging markets.Â
“Buy the dip” is now “sell the rip”, don’t ya know?
Remember January?
Trade, immigration and “covfefe” – what else is there?
Lots and lots of “winning.”
A spoonful of sugar, helps the medicine go down.
Ironies, cartels and trade wars.
Aaand that’s the week.
Holding pattern as market awaits the Fed.
The main event cometh.
The bar is high. Or is it?
“I gotcha, I gotcha … oops.”
When “selections” become “choices” again, we have to decide whether that’s ultimately a “bad” turn of events or whether it’s just an inevitable (and ultimately desirable) consequence of a return to two-way markets.Â
Be patient. It’ll work out. Maybe.
But still, read it.
Here’s what’s in play.
And that’s the week.
Risk on.
One day on…
“The start of something? Or much ado about nothing?”
Well, he did it.
Trade accordingly.
Or actually don’t – because if the above is right and you sell, then you’ll end up exacerbating the situation
So yeah, cue the mascot minefield meme.
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