Investors will need more than hope to place any bets on a relief rally at this time.
Higher interest rates tend to favor banks, but they also could result in outcomes that would have negative impacts on financial institutions.
Despite a steady diet of negative news, Wednesday was a technical follow-through day which suggests that more upside is coming.
Covid and Ukraine have just brought the time line closer to the dollar's ultimate demise.
When equities move higher on news of negotiations, I will not be buying into that rally.
China promised relief on a number of issues that had contributed to intense pressure being placed on Chinese stocks at home and abroad.
The Nasdaq Composite suffered a 'death cross' back in mid-February and what happened after that is now clear to see.
It is highly likely markets are heavily underestimating second- and third-order effects from Russia's invasion and the world's response to it.
Would Beijing risk becoming the global pariah that Russia is now?
Our job isn't to try to guess how international events may play out. Our job is to navigate the price action.