A few proxies For China Demand

SPX trading at lowest levels since Jan 6th,30 year yields dipped below 2%,lowest since September, Oil found a small bid, but quickly faded due to Russia suggesting that OPEC + Could meet in February to discuss production cuts, Trump may issue a complete travel ban to China and lastly Reports of shots fired at mar-a-lago,president is in D.C. as a car tried to breach the gates. Next week we will get Iowa Caucus,ISM ,payrolls and More Virus fall out plenty of Event risk ahead.

Now to the proxies

A Morgan Stanley EU Index of Luxury goods companies,Heavily dependent on Chinese tourist money

3 min chart of SPX airlines index self explanatory

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.