Marcus Today Strategy Tuesday 22nd June 2021
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We are back on track this morning after the 134 point fall yesterday. Wall St's 500 point fall on Friday has been followed by a 500 point rise on Monday. It looks like that 1000 point Yo-Yo was a "Quadruple Witching" effect rather than a "Sell everything the Fed are going to taper" panic. It's been a good lesson in not over-reacting in the short term. To cut through the short term to get to the themes that matter in the long term I invite you to send me your Post-It Notes today with your investment insights for the next year. In other events we have UBS selling RIO, Morgan Stanley selling the CBA and a Bitcoin Death Cross (too late guys). Jerome Powell speaks on Wednesday night. BOJ, BoE and ECB Central Bank meetings this week.
United States
