Bear Sentiment Domino Effect: Coronavirus, Trump, Bernie, Repo , Housing

by Jackovdajakoff

So we have hysterical coronavirus headlines worldwide set for at least the next 2-3 months.

It’s looking more likely that enough Republican senators could flip and call for Bolton and possibly other witnesses to testify, throwing the 100% probability of acquittal at least into temporary doubt.

Bernie currently leads comfortably in Iowa and New Hampshire, making a financial transaction tax on every trade a more realistic possibility.

All in the background, the Fed still hasn’t come up with a reassuring response to the repo market issues, and a potential gray swan could fly out of there at any time.

Finally, WSJ reports today on a synchronised global housing slowdown.

We could finally see a real test of bullish sentiment for this market in the coming weeks and months.