Tumbling Bonds, Stocks and Currencies = Opportunity ?
It feels like the end of the world is upon us here in Asia.
Equity hit hard because it is usually the last to go. Just look at Jakarta Composite down 11 % in a week.
This is the meltdown that will make grown men cry. Yet I feel if we do not see any signs of distress soon, we could have a relief rally or sorts like a dead cat bounce. Tonight’s FOMC minutes, if ever slightly dovish, could be the propellent.