With the US infrastructure bill passed and GDP expansion via fiscal support, the broad market is still long.
VIX curve show no signs of backwardation, but the cautionary note is the Debt Ceiling and Budget issues coming up - these may provide buying or covered call writing opportunities.
Side note: no hyper inflation and relates going lower as Fed rate rises are still off the table! If we have a growing re-opening economy in the US will supply chain blockages being worked through, we may see further upside in the US economy and credit cycle growth assisting.
VIX curve show no signs of backwardation, but the cautionary note is the Debt Ceiling and Budget issues coming up - these may provide buying or covered call writing opportunities.
Side note: no hyper inflation and relates going lower as Fed rate rises are still off the table! If we have a growing re-opening economy in the US will supply chain blockages being worked through, we may see further upside in the US economy and credit cycle growth assisting.