As we are in the Black Friday week, let's look at the last year's price action, we had a great bullish run through the week on the sales during the week. Followed by a massive sell-off that lasted till Christmas.
As JPY pairs were not particularly moving in November, we are facing potentially the last week before liquidity and volatility returns to JPY.
While equities continue to make news highs, can the markets sustain such growth pace. Smaller stocks are not reflecting the overly positive view of the market that the indices are showing.
As was mentioned by Michael Burry earlier this year, the bubble of passive investment is a real danger. The discrepancy of investment in big stocks and all others is becoming too much and may not be sustained for long.
The biggest issue is pinpointing Day-X when the panic-selling begins and markets correct themselves.
So this week and of course December are crucial, not to miss what could be one of the biggest moves this year.
Good Luck!
As JPY pairs were not particularly moving in November, we are facing potentially the last week before liquidity and volatility returns to JPY.
While equities continue to make news highs, can the markets sustain such growth pace. Smaller stocks are not reflecting the overly positive view of the market that the indices are showing.
As was mentioned by Michael Burry earlier this year, the bubble of passive investment is a real danger. The discrepancy of investment in big stocks and all others is becoming too much and may not be sustained for long.
The biggest issue is pinpointing Day-X when the panic-selling begins and markets correct themselves.
So this week and of course December are crucial, not to miss what could be one of the biggest moves this year.
Good Luck!