With “Super Thursday” Fast Approaching, This Is What One Trader Plans To Do

With “Super Thursday” fast approaching, which as a reminder will see a trifecta of “event risk” in the form of the UK general election (which nobody seems to care about), the ECB’s “allegedly hawkish” decision, and James Comey’s Congressional testimony, traders are already putting their hard hats on in a state of self-induced panic.
But according to Bloomberg’s Richard Breslow that may be unwarranted, because when all is said and done, while nobody knows how markets will react, “the only thing you can be sure of is that any trading being done now solely in preparation for the ‘big day’ is largely a waste of time” and while “these can be important events. And then we’ll inevitably move on.”
Why? Because as he adds, “personally, I hope there comes a point when a distant market memory can be jogged of moments that have consequences beyond the next central bank reaction.”
In short, whatever transpires on Thursday, the outcome to risk assets will be whatever the world’s monetary authorities demand.
That said, here’s what Breslow’s “prep” for “momentous Thursday” looks like:

This post was published at Zero Hedge on Jun 6, 2017.