Macro Dashboard Update

New Signs are Emerging

Below is the updated dashboard. I added USDZAR, but couldn’t find a suitable South African equity index for the one member that asked for it.

Remember, this is just the start, and I will be expanding the offering for paying subscribers to include more things, including an alert system when things change. Exciting times are ahead, but please bear with me as I build the system.

This week, we had reversals in US front-end yields and Gold, which played out, although it was a hell of a volatile ride. The SPX sits bang on the 200 EMA, and the relative calm on one day can quickly give way to a vicious reversal. This is not an easy market to trade. Stay nimble and make sure your sizing is appropriate to the level of the volatility we have just gone through.

There is hope that the conditional negotiations will evolve into something more durable as more troops are sent to the region. The possible outcomes remain very wide-ranging, with some potentially catastrophic. Everyone will have their own probabilities of those scenarios unfolding. For many, Monday’s pain was the line in the sand that Trump could not allow to be crossed. Macro Hedge Funds are bleeding, largely due to their front-end longs. I will write my thoughts on front-end rates in an upcoming post. 2022 redux? I don’t think so. There is much more to it, but that’s for another time.

Dashboard, next. From equities to FX, rates and Crypto.