A Sunday Surprise for you all. A trip back to economics 101, what demand (past, present & future) has to say about today. As we await a big week of data and the big JPM collar "roll"!
Hi Leonard, do you have an explanation for the gyrations of the market today? SPY went from flat to +0.5% in the last 30 minutes. Bought a puts in case this is strictly related to end of quarter rebalancing. The "efficiency" of markets never fails to surprise me.
Noise IMO, but I'm sure all the end of quarter flows explains most of it. I decided weeks ago to not pay too much attention to price moves until the October OPEX.
" A demographic feature and hasn’t (and won’t) rebound to its pre-2008 average. "
don't you think the very large immigration will step in instead of fertility...?
Nope. Immigration that would surpass the Boomer or Millennial waves will never be politically viable.
Hi Leonard, do you have an explanation for the gyrations of the market today? SPY went from flat to +0.5% in the last 30 minutes. Bought a puts in case this is strictly related to end of quarter rebalancing. The "efficiency" of markets never fails to surprise me.
Noise IMO, but I'm sure all the end of quarter flows explains most of it. I decided weeks ago to not pay too much attention to price moves until the October OPEX.