Any possibility of a crash like position in market (NF/BNF), in 1-10 (or more) sessions
comments please
Crash can come anytime and in tense mkt there is higher probability but the bigger "known" concern was even when mkts were rising about liquidity coming out of debt mkts and into Eq.
Interest rates ( esp US ) cannot remain 0 or -ve forever and they have to eventually rise and that will reduce the concentration.
So two scenarios occur: Can EM stay afloat with higher yields backed by growth or the other option is to correct if inflation rises without growth. ( I cannot answer this with certainty )
Gold ( using Goldbees as bench rate ) soared to around 49 and in around 8-9 months has fallen to 38s and possible heading lower.