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Stocks Fly To Records, Global Risk Rally Continues As Bad Data, ‘Good’ Yellen Keep Hope Alive

The message is loud and fucking clear: the vol. seller's/ carry trader's paradise and the risk party that's made every homegamer with some SPY and QQQ look like a guru for the past eight years depends on DM central bankers staying some modicum of dovish. And on that score, bad data helps.

The message is loud and fucking clear: the vol. seller's/ carry trader's paradise and the risk party that's made every homegamer with some SPY and QQQ look like a guru for the past eight years depends on DM central bankers staying some modicum of dovish. And on that score, bad data helps.
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2 comments on “Stocks Fly To Records, Global Risk Rally Continues As Bad Data, ‘Good’ Yellen Keep Hope Alive

  1. John Watts

    Great post. Really nice concise summary of what you need to know.

  2. Anonymous

    The FED is very sorry for causing mucho multiple expansion. And the FED is terrified regarding the consequences of a weak stock market. We now need a model that puts a rational ceiling on this bad news bulls environment. The pathology exists right now, it is just a matter of time until (probably China catalyst) it manifests. I am amazed every day to hear ideas to stay long built on arguments that are essentially circular reasoning. And every day there is adequate profit in using very loose stops, looser by the minute. Just as we all are closer to death each day, so goes this scenario.

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