Settles 12/22/2020
Alright so the Magnelibra GFBP tracker is currently in Hedged Long, however as the Founding Subscribers will soon see that a few of our prop indicators are leading us toward a potential liquidation. The volatility and asymmetry in a couple of our cross asset correlations seem, well a bit off. We may chalk it up to year end repositioning, we may chalk it up to many playing catch up, but whatever the reason we are about to pare down.
Anyway here are the settlements for today where the bonds held up and seem to be gaining some ground here and silver, well it got beat up!
We don't trust the equities and it seems as if we are about to move into a little bit more uncertainty on all fronts. We remain cautious as should you. More to come thanks for reading, think about subscribing and let us know if there is something we should be covering that you would like to know more about.
-Magnelibra Econemotions
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Sorry guys I forgot to press update send when I changed the title to read 12/22/20...