$QQQ updated Call activity still shows no fear in the market.
Complacency remains high – at this pace, could be a long & difficult road ahead.
Worse: Macro catalysts are turning *significantly* lower in critical areas – will cover this in detail the next few days.
Stay nimble. pic.twitter.com/oIS8NdATZs
— Macro Charts (@MacroCharts) October 15, 2020
The Fed takeover of stock markets has been the single worst thing ever for value investors pic.twitter.com/3XhW6N1B4h
— zerohedge (@zerohedge) October 15, 2020
Blue sweep has been increasingly:
1. Priced in (e.g. clean energy rally)
2. Priced as very market positive (shift to strong positive correlation between Biden lead and reflation indicators).
So has the traditional election result relief rally mostly happened already? pic.twitter.com/r5hcxNBlyg
— Sebastian Dypbukt Källman (@sdypbuktkallman) October 15, 2020
— Julien Bittel, CFA (@BittelJulien) October 15, 2020
Australian rents just fell for the first time in history.
Not even in its 90s recession did prices contract.
A real concern for such a leveraged housing market that still is highly dependent on rental income. pic.twitter.com/qAxmHoWn1n
— Otavio (Tavi) Costa (@TaviCosta) October 15, 2020