Derisking

Where are you hiding today?Bonds fellBig Tech is in declineStocks fell across the board.Gold went downAll commodities fell, including oil, which fell 3%.All credit to everyone who bought Bitcoin, which is up 4.6% today and has seen a nice…

De-risking is in vogue. At the recent World Economic Forum in Davos, both European Commission President Ursula von der Leyen and French President Emmanuel Macron spoke of the dangers of “overdependence” on global supply chains. Policymakers…

Market RecapInitial gains in Wall Street reversed sharply overnight, with Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later…