January Close

“Always remember that to argue, and win, is to break down the reality of the person you are arguing against. It is painful to lose your reality, so be kind, even if you are right.” – Haruki Murakami

Despite the Press Conference held by the ‘WHO’ on behalf of the CCP and the China National Tourist Administration, we have not really change our view from our latest Blog Post. Naturally this does not mean that the powers that be will not continue to downplay the situation to avoid harming economic prospects and stock market returns but it’s still early days to have any real certainties.
As we move into the end of the week, the short-term focus will be on the monthly close as participants will be looking to draw conclusions from the January Barometer. We’ll have a better picture next week but with yet another pump, odds are shaping up for some profit taking regardless of Corona Virus developments. More on this in today’s webinar and the weekend video.
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Wishing you a great day ahead.

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