I don't think the reason for the decline in global markets right now is due to recession expectations. The S&P500's earnings expectations for the next 12 months are progressing quite healthily.
The sudden appreciation of the Japanese Yen is causing leveraged positions to be closed. This is creating selling pressure in the markets.
For long-term investors, these days might present a buying opportunity.
If the main reason for the decline were the increasing possibility of a recession, it would be more profitable to wait to buy.
If FED and BOJ meeting is red on your News Calendar, then QRA should be Violet
Sadly, it's not even on most economic calendars. Happens 4 times a year and creates massive trends
Bitcoin reaction to QRA below, it's all about financial conditions, clear the Channels.
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