Surprise. I am going to Munich this weekend. My SO had arranged a weekend getaway without kids. It’s the last time we will have someone (thanks guys) to watch the kids for Probably at least a year. Really the last opportunity to get alone time for a while. So yah, I Guess I am traveling again at least for a few days. Should be a nice romantic getaway. May see eagles nest and stop in Salzburg.
Today ECB will announce QE. The amount leaked was 50bn a month. So the bond and equities market should be quite volatile today. TLT is currently down about 3 percent from yesterday with 135.3 to 131.5. That puts pressure on the TLT portion of the trade but an equal rise in Spy will offset that. Obviously our momentum portion which includes TLT should also suffer but our protector portfolio should benefit.
I should have placed bets that it was impossible for you to sit still for too long!