Global markets continue to enjoy an overall boost in bullish sentiment as the final trading month of the year approaches. Trade negotiations between the US and China are in focus and the majority of market participants trade as markets as if the phase one trade deal is the solution to all global issues. This bullish confidence may be misplaced as other structural economic issues remain ignored. Where the consensus remains overly optimistic about 2020 and beyond, a repricing of major markets may be lurking in the background with smart money already betting on a market crash in the next three months.