“Every revolution seems impossible at the beginning, and after it happens, it was inevitable.” – Bill Ayers
As we have been discussing, markets have been very complacent in pricing in recent policy shifts and geo-political risk. It finally looks like markets are starting to re-price and despite the fact that a little pause in the recent action would be healthy, we suspect these moves still have some room to run. If you missed out latest update, you can get up to speed with our Latest Weekly Outlook video. Don’t forget it’s month-end / quarter-end and a QT week. Monthly candles will be interesting across the board. We’ll start to review and discuss this in detail as of today…
