Market Positioning

Laying down the arguments for a bull vs bear scenario.

Bull

- FOMC in 2 weeks, this time round I think the Feds are quite keen to cut rates, it is clearing showing in the bond market.

- Last week's Black Friday crash is going to sideline or catch many participants flat footed. Everyone's cautious, including me.

Bear

- We are right at the end of the 4 year cycle

- Trade war might escalate