Is this the beginning of the feared cyclical recession..?

Stock Markets get another bashing.

Is this the beginning of the feared cyclical recession..?

Expect a bounce today on Euro$ and Cable, after a big day often we get one. I will be on the subs bench mostly watching to see how the game plays out. Euro$ is there at 1.1400 again and 1.2900 for the Cable and these levels need to be tested.

Overall my view remains the same but it’ll be bumpy.

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Tags: recession

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