08 December 2008

Bullish turnaround on friday - solid sign?

I was very impressed with the bullish turnaround in the US equity markets last friday. Especially on the back of the disastrous news that day. It makes me wonder whether we will see an US led equity rebound from here. I will be adding to my US equity calls today. Will take it from there. Todays US close will become interesting.
Watch rebounds in Brent Crude Oil, higher 10 year US yields.

The big problem still; Emerging markets.



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