Stargazer Asset Management – Weekly 27 Jan 2020

This week we look at the rise of the coronavirus, the return of Bernie Sanders and the impending FOMC meeting. We also ponder if the reflation rally is looking shaky and what role the USD plays for EM.
BY ERIC FILL

 

With risks on the rise and the markets stretched and long, we ponder if the catalysts are sufficient to generate a meaningful pullback. We are seeing cracks in the reflation trade which the market has now fully embraced.

Stargazer Asset Management – Weekly Jan272020

 

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