NFC North

Stumbling Again

S&P 500 rebound goes on reflexively, but stormy clouds are gathering – I‘m looking for the bears to reassert themselves over the next couple of days latest. The credit markets posture is far from raging risk-on even though select commodities are recovering (what else to expect in a secular commodities bull) and precious metals suffered a modest setback (not a reversal though). Crypto recovery is nodding towards the risk-on upturn that is though likely to get checked soon. Q4 2021 hedge fund letters, conferences and more It‘s great that tech was the driver of yesterday‘s S&P 500 upswing, but fo…