Not to worry though. We find ourselves at the gates to the promised land of final cycle run.
As far as we can see, there is a decent chance that the FOMC meeting, which is what has everyone spooked, will be a positive for risk assets.
everyone and their grandmother is positioning defensively, and we think this will work against them. Yes, rate hikes will be signalled, but this will not be aggressive. If the hikes only amount to the suggestion of two in H1 next year, the risk-on sentiment will come flooding back in, fast.
Our last chance here to make life-changing gains, I wish I still had cash to average up to here. Cycle top over 20k in March, possible extension to the summer, though unlikely as rates will rise surprisingly quickly after this.
As far as we can see, there is a decent chance that the FOMC meeting, which is what has everyone spooked, will be a positive for risk assets.
everyone and their grandmother is positioning defensively, and we think this will work against them. Yes, rate hikes will be signalled, but this will not be aggressive. If the hikes only amount to the suggestion of two in H1 next year, the risk-on sentiment will come flooding back in, fast.
Our last chance here to make life-changing gains, I wish I still had cash to average up to here. Cycle top over 20k in March, possible extension to the summer, though unlikely as rates will rise surprisingly quickly after this.
