Commentary

1/8/21 Afternoon Signals xCF

Seems like some negative OC numbers today. Note that the xCF CO performance since mid Nov is negative, but positive OC. It also has the highest higher cycle return.

The political situation is pretty grave. Almost half of Republicans think the violence at the capital was justified and the logic of them not being traitors is based on the semantic difference between sedition and treason. That’s not really the kind of thing a government can let slide and there seems to have been planning going on at the highest appointed and elected levels.

At some point, the market should react negatively to these things.

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