30/1/2023

The markets have been rallying all month, discounting a more dovish FED stance. This week FED, ECB & US unemployment will hit the wires.
Has the market been too optimistic lately ?
VIX at 18.51 , a one year low & S&P puts relatively cheap!
Probably a nice buy for speculators & a nice hedge even for market cheerleaders!

Source: Bloomberg

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