BECAUSE the SANTA rally is always there for WALL ST to rake in their bonuses & perks, and for money managers to end with
inflated gains etc. Live with it, trade with it if you want or stand aside. Markets could fall 5 to 10% by end of 2021 or in January 2022.
Holidays are here, trading will be reduced significantly as we rest & enjoy these last few days of 2021.
Holding FEB SPY PUTS, unhedged, will add more on ATHs and hedge later or during this week.
Link to article:
In other words, we're talking 1980s territory. And the trouble is, back then inflation was still high but falling; we were just getting the 1970s inflation out of the system. This time, inflation is – or certainly has been – low but rising.
The question now is: are central bankers going to be quicker to react this time round, and what does it mean for markets?
We've already seen some market reaction to rising inflationIf you'd been told this time last year that inflation would hit a near-40-year high in the US (and in lots of other places) by the end of 2021, you might imagine a number of scenarios.
https://moneyweek.co...on-40-year-high