Market review 23.09.17

The message of Technicals and positioning

Hello everyone,

These blog posts discuss many of the same ideas and charts each week, but they remind me of the key things I want to focus on.

In last week’s post, I discussed long-standing correlations. The equity market declines in ‘08, ‘11, ‘15, ‘18, and ‘20 conditioned us to think that when there’s trouble, all equity sectors and industrial commoditie…