Hi YXI friends,

If you read the headlines, everything seems to be a mess.

We have another potential government shutdown (pulling TGA liquidity) in a week due to the Minnesota situation. A severe winter storm in the US is causing blackouts and the potential loss of jobs. The Japanese government is nervous about the sliding Yen and vows to intervene. Not to mention the rising odds of an explicit US conflict with Iran.

As a result, gold and oil are spiking, while risk assets could be tanking.

I urge everyone reading this to stay composed and watch how the price evolves before making a hasty judgment on whether the world is about to end.

Please do take advantage of the analysis here. Every day, we track a wide range of cross-asset indicators and charts to measure the market liquidity, health, and risks.

DISCLAIMER: This newsletter is intended for educational purposes only. Any information or analysis in this note does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice, nor should it be relied upon to make investment decisions. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice.

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