Barclays Sarcastically Asks: “What Could Possibly Go Wrong?”
I can't help but get the feeling that the equity desks on the Street are increasingly isolated in their rosy outlook for markets.
Earlier this week, in "Epic Struggle Emerges At Citi As Stock Bulls Battle Matt King’s Bearish Credit Juggernaut," we noted that the divide between Robert Buckland's equity team and Matt King's credit team has become so pronounced that the bank felt the need to document it in the introduction to their latest Global Asset Allocation piece.
In short, the credit folk