Quiet Contrarian. Ep 9: Trades for September 2020
It’s been a quiet month. No trades made.
The US market has pulled back a bit from last month’s highs, but is still looking quite overbaked, sitting at~175% of GDP.
The ASX is much more reasonably valued (TMCGDP of ~101% or 115% at current and 10% drop GDP respectively), and has also pulled back, in line with the US markets, since last month.