Open Trading Again, page-53

We need to look at the macros. The FED is in a position where they will need to stop printing money and buying bonds. A sharp taper would put world equities into a nose dive, starting with tech stocks and the Zombie companies. Everyone is ignoring the fact that Covid has damaged the world economies. Inflation is said to be transitory is proving otherwise. Tech sector in the US is has started to correct, the issue here is the flow on effect to other sectors. FED Stimulus has created an everything bubble not just US but all over the world. On top of all this we have the threat of war. All this will puts selling pressure on the markets.