Don’t Look Up – Or Down…

Summing up Monday... "Something's happening in the sky, look"... "Put on your movie glasses so you don't go blind"... "Ok." So you couldn't look up today. And if you're still long risk, you probably don't want to look down either. Because remember, no matter how dovish or non-committal Yellen and Draghi manage to sound at Jackson Hole, they're going to try and normalize eventually and if the following now famous chart from Citi's Matt King is any indication, that means that global equit

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2 thoughts on “Don’t Look Up – Or Down…

  1. “Sh*t me worry, I got this corruption thing all figured out.” “The country just needs to not pay it’s bills,you know go bankrupt, and the banksters will come crawling back for more abuse.” “WHAT, we already did that”. “If we have $$$ nukes why can’t we use them”.

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