Greetings fellas and welcome to Q4. This is the first in line of my weekend briefs as I try to identify the opportunities and threats of the financial markets around the world. Most of these I discuss with mr.Gekko as they roll-out during the week. The schedule is usually tight but I will try to be reasonably active here.

I will be clear : I do not like what I see on the market at the moment.

S&P is just 2.5% from the all time high while there is plenty of risk on the table. From Tump and the 2020 elections, Tariff Wars, Brexit, Germany being on the verge of recession... The point is - too little upside , too much downside. I would not want to be a long-only equities portfolio manager right now.

However, those who can go short might get some opportunities here as there are sectors at risk here: most notably banks and tech. By the end of the weekend there will be few picks on long / short side as well as my views on Gold, Bitcoin and maybe something extra.