Here in this position, it is clear that intensive work has gone into supporting the entire global recovery.
Moreover, we could already count the resilience in credit as ideal results from the covid siege. But now I want to focus on the US and small caps in particular are getting to work and the advance is leading to a more palpable exhaustion leg and opening some of the wildest trades for 2022 and beyond.
You can see this is not the same position in China or Hong Kong.
In the short and immediate term, we are witnessing capital rushing to park in US assets as the ONLY alternative. The pressure to park capital in 'safe assets' which are not threatened by the nanny state in the Far-East, Middle-East, Russia and now to a lesser extent Europe while it remains hijacked via Schwab. This more or less exhausts the options that we have and has clearly pinned both the Hang Seng and Shanghai Comp:
Sure the "migration of capital" from East to West is underway but the threat of US losing its hegemony is a multi-decade process.
I will be looking to fade the highs in US Microcaps from October time to ride profit taking into Q1 2022 before we start chapter two. Interested to gage the interest levels for ETFs here, if there is enough we can start to establish some levels, calls, and invalidation zones for IWC together in the comments.
Moreover, we could already count the resilience in credit as ideal results from the covid siege. But now I want to focus on the US and small caps in particular are getting to work and the advance is leading to a more palpable exhaustion leg and opening some of the wildest trades for 2022 and beyond.
You can see this is not the same position in China or Hong Kong.
In the short and immediate term, we are witnessing capital rushing to park in US assets as the ONLY alternative. The pressure to park capital in 'safe assets' which are not threatened by the nanny state in the Far-East, Middle-East, Russia and now to a lesser extent Europe while it remains hijacked via Schwab. This more or less exhausts the options that we have and has clearly pinned both the Hang Seng and Shanghai Comp:
Sure the "migration of capital" from East to West is underway but the threat of US losing its hegemony is a multi-decade process.
I will be looking to fade the highs in US Microcaps from October time to ride profit taking into Q1 2022 before we start chapter two. Interested to gage the interest levels for ETFs here, if there is enough we can start to establish some levels, calls, and invalidation zones for IWC together in the comments.
