US financials bearish outlook

2019년 6월 22일

Not an easy call. Technically it is more probable XLF to break the upper trend line and resume the bullish trend. But this is end of cycle so the upside is limited in my view with the rates being sqeezed, FED balance sheet tightening.

2019년 6월 22일

노트

Economies slowing down globally. Peak auto hinted by weak output numbers by major industries.
This upper trend cycle will soon be challenged. I'm worried about those bail-in rules.