I’ve been working on the January Macro Tides and the Weekly Technical Review for today over the weekend, and gathering information about Venezuela. In coming weeks I’ll provide more in depth analysis of the outlook for Venezuela and how markets will respond after the knee jerk response today.
My first impression is that the military aspect was extraordinary since the military in Venezuela knew we were coming after the large armada of US ships had gathered offshore. President Maduro had been given ultimatums and must have informed his top advisors that he had declined President...
