The major points of focus for the financial markets according to TD
This from their most recent weekly note, I really liked the very brief summary
The holiday in the US and Canada on Monday ushered in
- the end of summer
What to focus on? Well, says TD:
- The major themes remain:
What are they?
- US/China trade wars,
- NAFTA on a lifeline,
- EM turmoil,
- and European dynamics
What to do about them?
- Stay defensive
Love it!
Here is a bit extra from the note:
- Tactical Bias: CAD ↓, SEK ↑, AUD ↑, TRY ↓, ZAR ↓
- Strategic Bias: INR ↑
Dunno about the AUD up TBH ….
