The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Summary: Macro Dragon touches on the blazing price action overnight, as the S&P clocked its best session since August with a +1.5% uplift to 3298 - apparently the coronavirus is something to sneeze at. The price actions is the price action. And of course we check in on 2019-nCoV, the completion of the two hospitals in c. 10 days - incredible! Will likely see a jump in confirmed cases & fall in suspected cases. Asia Wed Open is looking bullish.
2020-Feb-05
Quick update & thoughts on the Virus since Tue check in:
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Have a fantastic wk ahead everyone, good luck on the month start, stay healthy as well as keep your mind open to profitable & abundant opportunities. Life happens for us, not to us.
Namaste,
-KVP
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