10 May, 2022
Equity Market Weekly Outlook
- After Fed’s announcement of a 50-bps hike and balance sheet reductions, the focus has shifted to the U.S. CPI report.
- As the world reopens China continues to pursue Zero-COVID policy.
- Many portfolio managers used Bitcoin to decrease overall portfolio risk over the few years. However, since the beginning of the year the two assets have been trading in a very correlated fashion.
- Retail Traders are not Buying the Dip Anymore.