SocGen: “This Is Really Unhealthy – But We’ll Stick With It”

Nuclear tests on the Korean peninsula, a constitutional crisis in the US, a collision course between Washington and Ankara with regard to arming the Kurdish-controlled SDF in their quest to retake Raqqa - none of it matters for volatility. Which is something we (and everyone else) have discussed at great length. The Comey headlines in the US should by themselves be enough to create all kinds of fireworks - we'll see. Somehow we imagine the result will be the same as it ever was for markets wh

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