Bearish for the last week of July
In conjuction with technical analysis, I have couple of fundamental perspectives that lead me to my bearish view:
1. Stronger USD and bond yield could see investors pulling $$$ out of shares
2. Running out of tic-for-tac options, China debased Yuan as another card to retaliate US trade tariffs
3. China loosen foreign investor capital policy and lower the barrier for foreign companies to set up and operate in China will see US capital fleeing US and find home in China
1. Stronger USD and bond yield could see investors pulling $$$ out of shares
2. Running out of tic-for-tac options, China debased Yuan as another card to retaliate US trade tariffs
3. China loosen foreign investor capital policy and lower the barrier for foreign companies to set up and operate in China will see US capital fleeing US and find home in China
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