Stocks enter the dead zone

Monday 23 September 2024

Scott Rubner is worth listening to. The Market Ear.

Medium term bearish

When Scott Rubner speaks, you listen: “There are 32 trading days until the US election on November 5th (and 35 trading days until the next FOMC meeting on November 7th). I am cautious on risk pre-election and see investors reducing 1 delta and adding to directional hedges given the reset in implied volatility”.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.