redbacka's - what does that tell us - thursday, page-26

Yesterday I said Friday is the full moon, sorry typing mistake, should be the NEW moon, which recently has been market tops.

This from MarketWatch:

Morgan Stanley’s cross-asset strategy team said the recent broad rise in risk assets and decline in volatility “is either (northern) summer ennui or investor hope for central bank action.”

“We doubt this disconnect can persist. With September littered with risk events — and, in our view, potential disappointments (for example, from the Federal Reserve) — we think that the risk rally is in its final stage,” they said.