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Have you ever been at a party where you just didn't like the food on offer? I know this sounds a little weird, but stick with me for a minute…
Back to that party – the conversation is okay, and maybe there are opportunities that may make the party worth hanging in there for… but you can't get the food out of your head. Nothing there is to your liking. And as far as I'm concerned, if there's one thing that can spoil a party, it's bad food.
So what do you do? You leave, of course.
Well, right now, the market's throwing a party with really cruddy food.
Whether it's the samplers of trade war rhetoric, the finger sandwiches of horrifying technical damage, or the open bar serving fresh yield curve inversion cocktails, none of it is appetizing right now.
Let's take a look at what's happening out there, whether we can expect the bulls to come back, or whether the bears will have the run of the place.