Synchronized Swimming (We’ve Only Seen This Once Since 2004)

The "it's all one trade" meme has become ubiquitous in 2017. Indeed, there are so many riffs on it that the number of ways to express the sentiment that "it's all one trade" simply reinforces the notion that... well... that it's all one trade. That of course is great when things are going well. When vol is artificially suppressed, sentiment is good, and the global economy is in that "sweet" spot where growth is just good enough to keep investors' spirits up but not good enough to send central