Monday Macro – Neraly there ? Market timing doesn’t work, Chinese electric cars and OPEC spare capacity

Market Timing 1

Two great charts below from JPMorgan in the US. How they manage to jam all the information into one big chart amazes me but anyway, these two charts are hugely useful. To remind readers my core view is that the US markets – specifically the S&P 500 benchmark – are still not pricing in the real macroeconomic risks. My core view is that we’…