Mic Mills – Head of client services for Capital Index – joined Nick Batsford and Zak Mir in the Tip TV studio to discuss the fundamentals for Q4.
No light at the end of the tunnel.
As we go into Q4, the market managed to rally which has perhaps led to more positive outlooks heading towards the end of the year; however Zak Mir believes that this was as a result of people covering their short positions ahead of the NFP release on Friday. Mills believes that, fundamentally, there is very little to be positive about in the markets, and that bearish attitudes will ultimately dominate this quarter.
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