Brave New World: Tail risks, sectoral rotation and the problem with gold


Ritesh Jain

Global Macro Investor & One of Top 3 Global LinkedIn Influencers on Economy and Finance, Mumbai

He is a pattern watcher, Global Macro investor and Blogger at worldoutofwhack.com. He has over 20 years of expertise in monetary markets, bonds, equities, gold, and derivatives. He muses about international macro funding alternatives, economics, enterprise, and monetary points.

Ritesh Jain, a Dalal Street veteran, trend watcher and Global Macro Investor, captures international macro funding alternatives and financial, enterprise and monetary tendencies with charts and commentaries on this area.


Inflation expectations are on the rise
If customers anticipate prices to stay secure, then they don’t rush to purchase items, but when they anticipate costs will rise tomorrow, then they’ll purchase “today”.

Brave 1ET CONTRIBUTORS

New job postings through Indeed.com proceed to look robust

Brave 2ET CONTRIBUTORS



Postings will proceed to rise, however the openings can be tough to fill due to beneficiant unemployment advantages. This will result in rising wages.

Prices of used automobiles and vehicles of as much as eight years outdated that have been bought at wholesale auctions in US throughout the week ended March 21 jumped by 3.1% from the prior week.

Brave 3ET CONTRIBUTORS

  • This is usually a chip problem, however I imagine it will occur in additional industries as a consequence of damaged provide chains.
  • We are transferring from globalization to deglobalization. Companies that may safe their provide chains can be massive winners.

Sector rotation continues

Brave 4ET CONTRIBUTORS



Market is simply persevering with to churn, however I feel new highs lie forward in S&P.

This chart explains it so effectively!
The problem with gold is rising actual yields.

Brave 5ET CONTRIBUTORS



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