I decided to follow-up this mornings post with another, because I believe we may be at that very inflection point I’ve been warning about these last few weeks.
Let’s start with this mornings “picture.” To wit:
Here’s how it worked out after today’s market close. The “picture” is the exact same as above, untouched, un-photoshopped, unadulterated, un-everything except for what the “market” did as to fill in any blanks, again, to wit:
The reason why I’m bringing your attention to this, is for this reason: I have stated you need to watch the futures contract which trade through the night beginning at 6:00pm ET (which the above are) for its important to see how Asia reacts, especially China. This is where things can go awry in a heartbeat, where we wake up to find the “markets” are suddenly careening out of control. Hint: Remember this term, “Lock, Limit, Down?”
The simple fact of the matter is this: Take anything that has a general impact, whether causation, or correlated here in a: One = One type relationship. That same relationship will have a: One = an exponential equation there.
In other words, the stresses currently playing out within our own markets are going to have exponential repercussions in Asia, and especial China in-particular. No matter how “fantastic” these next-in-rotation fund-managers paraded across the business/financial media spectrum tell you China is. Hint: If the U.S. markets come down with a cold – China is usually put on pneumonia watch.
Currently, it’s beginning to look like the U.S. “markets” are coming down with not just a cold, but rather, the flu. That means China may be battling something far worse than even they dare contemplate as of today.
But make no mistake – today is the day (actually watching the overnight Asian markets now and going forward) to start paying very strict attention, as to try to take steps, or have previous steps in play as to inoculate your business from any potential “viruses” that may suddenly become rampant, the best one can.
Whether or not anything comes of this is immaterial. What matters now is that there’s a very high probability of, “Something wicked this way comes.”
Here’s where, as the old saw goes: “An ounce of prevention, is worth a pound of cure.” Or, more importantly…
Your business livelihood.
© 2018 Mark St.Cyr