Beware The Market's Ides Of March

Tyler Durden's Photo
by Tyler Durden
Friday, Mar 01, 2024 - 07:05 PM

So far, 2024 has been one smooth upward meltup, although after two months of market gains, we may be headed for turbulence.

As Curvature's rates guru Scott Skyrm warns, over the past 30 years, there have been a series of market sell-offs during the month of March.

In 1998, it was the subject of a news story on CNBC. They claimed it's a combination of the market digesting the February refunding and Japanese investors preparing for Japanese year-end on March 31st.