My apologies, I had a sudden emergency and I thought this post published, apparently not.
Market still does not look good, I'm not making any new Commitments and I will update everything, the more risk assets I see like Junk Credit vs HYG which always move together and are not here convinces me we are right in the area of the breaking point.
I'm not entering any new positions at this moment because option wise, we don't have the moment, as far as the other positions, they will entered when I have done my End of day research.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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