Global Markets – Weekly Review 17

CURVEBALL COMING? — “Don’t start the week without it”

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90 updated Charts & Commentary on all major Markets — for your weekend reading.

“Don’t start the week without it”

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New developments:

• Was it “The Bottom” — or are Stocks about to throw another curveball?

  • Markets continue to show remarkable similarity to another key historical period.

  • Relative weakness is creeping in — watch these areas closely.

  • China — approaching a potential historic moment.

  • Updated commentary & full review of market conditions and Core Signals.

• Plus updated key charts on:

  • U.S. Equities, Sectors & Groups

  • Volatility

  • Japan, Europe, China & EM

  • Rates & Credit

  • Currencies

  • Precious Metals

  • Oil & Energy

  • Bitcoin

Let’s get to it…

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One of my primary concerns in June-July was the extreme Short Volatility positioning.

Here’s what happened so far:

**Vol sellers went sprinting back to “business-as-usual” — accordingly, the last two weeks have seen one of the fastest collapses in VIX ever.

To make things even more interesting:

Stocks continue to show remarkable similarity to another key historical period.

Will the pattern continue…?