Midweek we catch up on a few thoughts from the markets, This week see’s brent,gold and the main exchange ease off somewhat inline with the new speculation over the feds tapering ” Or lack of ” now becoming the new morph from bulls snort to bear speculation.
This is yet another demonstration of market mechanics showing the ease the global community make of causing minor upsets or major disasters in the open market. After a chat to my fellow writer and friend Ben Turney we discussed the BDIY (Baltic dry index) with levels at the high for this year the correlation between recovery and the road to perdition are becoming distinct in favor of a warmer trading climate.
I’m a big fan of positioning in robust,reliable companies with a proven strategy for growth from a fundamental stance however in a more ambient arena the pre-manufactured volatility is kidding know one thus more trade opportunity out there.
More swings ” Mo money ” simple as that kitty kats…..
* The yen snapped a four-day gain versus the dollar amid speculation Japan’s government will study a corporate tax cut and advise public pension funds to raise allocations of risk assets.
* Asian stocks erased losses as Japanese shares rebounded amid speculation the nation’s government will study a corporate tax cut and advise public pension funds to hold more risky assets. The regional benchmark headed for the biggest monthly advance since January 2012.