There is a famous adage that says history does not repeat but often it rhymes. Recent events have shown some cracks forming within the US financial system with the run on Silicon Valley Bank $SVB. Many quarters have been calling for bailout of the bank to prevent contagion in the market.
We are also entering the week of inflation announcement for the US economy, if the number shows inflation not changing or ebbing higher, we could have a perfect cocktail of fear inducing events, what with the FOMC meeting coming a week later. Jerome Powell might be forced to go for higher rates for longer guaranteeing more problems in the system.
Given the situation, one can prepare themselves psychologically for a panic situation where markets get into turmoil. Best to use the time before markets come alive to rehearse an action plan, the panic of 2020 caught me still learning, so the fear hit the roof. Now I am more calmer and I do scenario analysis on what to do and what to look out for. Analyzing the cycles of the markets helps me see the potential risks & opportunities.
We await opening of futures, remember, KEEP CALM & MAKE MONEY, YOU ONLY LOSE WHEN YOU SELL.
We are also entering the week of inflation announcement for the US economy, if the number shows inflation not changing or ebbing higher, we could have a perfect cocktail of fear inducing events, what with the FOMC meeting coming a week later. Jerome Powell might be forced to go for higher rates for longer guaranteeing more problems in the system.
Given the situation, one can prepare themselves psychologically for a panic situation where markets get into turmoil. Best to use the time before markets come alive to rehearse an action plan, the panic of 2020 caught me still learning, so the fear hit the roof. Now I am more calmer and I do scenario analysis on what to do and what to look out for. Analyzing the cycles of the markets helps me see the potential risks & opportunities.
We await opening of futures, remember, KEEP CALM & MAKE MONEY, YOU ONLY LOSE WHEN YOU SELL.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.