Weekly note – market mayhem, Japan, Gold + income (?), RTW now a strong buy, and winner-takes-all markets

Market volatility has skyrocketed, and Japanese markets look dire. None of us should be surprised. But I think there’s an upside as I reckon the chances of a meltup later this year are increasing.

This is a reminder that for the rest of August and the first part of September, I’ll send out a weekly letter instead of the various weekly notes.

Photo by Peter Neumann on Unsplash

Market mayhem

I go away for a week, and all hell breaks out.

I have long argued that equity market volatility was abnormally low and that the bulls looked a bit too rampant, esp…