
MacroVoices #334 Adam Rozencwajg: Understanding the Global Energy Crisis
Macro Voices
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Is This Really a Short Term Tail Wind to the Market?
I still don't see the underpinning conditions in my mind, that would make a legitimate new bull market start. I think if it was genuine short squeeze, they have more momentum. Usually those that are being stopped at as shorts can drive much a steeper and sharper liquidity squeeze than just a crawl higher like we've been seeing. The fact that the vix legitimately broke below 25, at this level is actually a short term tail wind. If i look at the dollar index chart, to my eye at least, it looks like a healthy consolidation. Looks like the one o six support is holding pretty nicely, not too worried tit to dumping lower. But boy, if i look at u
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