“No one has a view, and everyone is positioned accordingly.”
Financial Times/Robin Wigglesworth
“This may seem strange. After all, global equities have just notched up their best month in more than three years, as the panic that gripped investors in December has dissipated. The bond market has also clawed back most of the losses it suffered last year, helped by the US Federal Reserve’s abrupt decision to pause interest rate increases and willingness to re-examine how quickly it will sell its bond holdings.”
USAGOLD note: We highly recommend this Robin Wigglesworth article for a more in-depth look at the financial market introspection to which we alluded briefly in yesterday’s (2-3-2019) Daily Market Report.
Repost from 2-5-2019
