This week's market is bustling, with data coming in one after another. Is the black swan going to arrive? The key depends on a few things.
First, on the Federal Reserve's side, several hawkish big shots are going to speak. Their attitudes will directly affect the market's nerves.
Next is the U.S. November data, non-farm employment, and CPI inflation. Once these two numbers come out, the market is likely to shake again.
Then there's the Bank of Japan, with a high probability of interest rate hikes. If they really take action, global capital flows may shift as well.
Whether the black swan will come is uncertain, but with so many events happening at once, volatility is definitely not going to be small.
In such times, watching more and acting less may be better than anything else. Once the market digests this information, the direction will naturally become clear.
