Forward Guidance

NEW ROUNDUP with @TgMacro

We cover:
🔸 Post-midterm selloff
🔸 Bond market low already in?
🔸 Semis officially broken $SMH -11%
🔸 Gold's comeback
🔸 Will the selloff kill the December hike?

TIMESTAMPS:
00:00 Tony Shows Up, Markets Fall Apart
04:29 Did The Midterms Break The Market?
07:48 The Trades Working Right Now
12:24 Fidelity, Blockworks MCP, DAS London
14:05 Is 2018 Happening Again?
17:38 The AI Bubble Starts Bursting
21:20 Can Gold And Bitcoin Survive?
24:53 Is A Liquidation Cascade Coming?
27:45 Fidelity, Blockworks MCP, DAS London
29:33 Can The Fed Really Hike?
32:12 The AI IPO Frenzy Unravels
37:34 The Best Trades Into Year-End
39:56 How To Trade A Moving Market

.@TgMacro: "That's a good low, man." The October bond low holds after a historic-length selloff. Even a sustained oil rally above $110 would not be enough to retest it. He's looking to buy the dip in bonds.

@qthomp @fejau_inc

Gold returned to $4,098.98 after dipping into the 3950s and 3800. @TgMacro: “That’s the kind of dip that bottoms are often made of.”

"I think the blockade is working." @WarrenPies on Iran and why a deal is more likely after the election

"The risk is that the Fed doesn't stop until they've broken something in the AI trade." @WarrenPies