Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
Global Macro Strategist
Summary: Welcome to WK 6, we start of with welcoming China mkts back with what so far seems to be a much better than expected Mon open. Latest data points from the virus as of this Mon morning, the official figures are at c. 17,300 confirmed cases, +360 deaths & c. 500 recovered.
We have also gotten one death out of China in the PH, which was of an individual from Wuhan - can you imagine if that death was in the US.
Key risk over next 24-48hrs is not the Coronavirus but "The Bern", watch out for the Iowa Caucuses tonight US Mon evening. Bernie equals Very Bad For US EQ. Sleepy Joe equals Good for US EQ
Rest of the wk is action packed we have ISMS (key US mfg. ISM tonight, PMIs, NFP & a host of central bank meetings from: Australia, Thailand, Brazil, Philippines, India & Russia. We also should finally have an end to the democratic tax-funded complete waste of resources & bandwidth that is the impeachment of Trump.
2020-Feb-03
Quick update & thoughts on the Virus since the Fri check in:
This is a replay segment from Fri’s Macro Dragon – again due to its importance, key part to bear in mind here is what time-horizon are you playing & do your horizons/views match your exposure
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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.
Namaste,
-KVP
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