Tuesday Chart Check (Squeeze Please Edition)

Sqeeeeeeeeeeze…

chart

(Chart: Citi)

From Citi: 

Our economists see the CNH liquidity stress as a low-cost option (that could persist for a while) for authorities to shake out speculative CNH shorts by making short holding costs soar.

**********

Sorry, but I had to show it again.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free account or log in

Gain access to read this article

Yes, I would like to receive new content and updates.

10th Anniversary Boutique

Coming Soon