Morning traders, it's a holiday in the US so volumes could be lighter across the board, not much scheduled on the calendar until Wednesday when we get quite an important ISM print which will add some momentum to the recessionary theme if it surprises (which is highly likely) on the downside, a global recession is becoming our base case and while we are open minded to other scenarios we stand ready to position for strong "risk off" flows going forward
Will be back with the latest from Goldmans in a minute
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.