Fed/Brexit - Risk on vs Risk-off assets, convergence?? :S

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somethings not right - All time low volume too, JPY booming, Bonds rallying - low liquidity is artificially driving the market up???

The market will tank soon... the financial conditions are gonna tighten like post 2009
this bull move isnt backed by non-risk assets

in true bull markets we see 3 things 1. Low GOLD 2. LOW JPY 3. Low US Bonds

today we only see 1. Low gold.. missing the other two.

This market "confusion" is likely caused by the uncertainty regarding the Fed hike cycle and possible Brexit risks spilling over - Low volume shows people do not want to hold risk - be careful with longs here

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