medallion way
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Indeed... the main takeaway is that we won't know till March if the spread is under control at the epicentre and as far as the rest of the world, the next 3 weeks will determine if measures to limit the spread have been successful. In the face of such uncertainty and possible continued disruption of supply chains for at least another month, I do think markets are showing way too much complacency. I won't be going long at least until market get to the 200-day average, even then I will remain cautious, Currently, I'm net short in the US marketsSome sensible level headed analysis.