Sunset Strip | Aussie Afternoon Institutional Market Wrap

Mathan Somasundaram

Market bounced hard on the news that FBI gave a clear run for the market preferred Democrat candidate for the US presidency. Every sector except gold had a bounce but market has ignored three key elements. When it comes to this US election, nothing can be discounted and nothing can be assumed. The bond yields, volatility indices and market fear sentiment have topped. We continue to see risk in the short term while medium to longer term risks are subsiding. Central banks are on the sidelines while US election circus is about to hit fever pitch level!!! For the full report….... (VIEW LINK)


Comments

Please sign in to comment on this wire.