Three major macro headwinds, ranked by importance:
1. US Dollar Index broke through 100 (fundamental factor, other factors ultimately manifest through the USD index) 2. US unemployment rate surging, the metric the Fed cares about most 3. Japan rate hike (risk trigger, and many people haven't realized it) The biggest macro tailwind: Boss Yi Lihua opened a short position! It's just a matter of seeing which force wins, haha😁
Three major macro headwinds, ranked by importance:
1. US Dollar Index broke through 100 (fundamental factor, other factors ultimately manifest through the USD index)
2. US unemployment rate surging, the metric the Fed cares about most
3. Japan rate hike (risk trigger, and many people haven't realized it)
The biggest macro tailwind: Boss Yi Lihua opened a short position!
It's just a matter of seeing which force wins, haha😁