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‘Extreme Greeks’ Set Stage For ‘Insane’ Price Action: Nomura’s McElligott
On Tuesday, Nomura's Charlie McElligott emphasized that when it comes to whether risk appetite can recover in earnest into year end, it all comes down to the Trump-Xi meeting at the G20.
Previously, McElligott was in the camp calling for a tactical rally in equities thanks to a confluence of factors including re-risking from systematic strats, macro funds getting long and hedge funds/asset managers being forced to chase the market higher after low-ticking their exposure on October 29 just befor
I really enjoy your articles – they are all way over my head – and I am fine with that. I just wonder if you could add a paragraph at the end of the articles like this one with a quick summary of the major point without any greek or jargon. It would help me make sure that I really understand what I think I understand. In any case thank you again.
It was all WAAAYYYY over my head when I first started reading his posts on Seeking Alpha and then again on this site. Keep reading! Eventually you will catch on. If I did anyone can.
Happy 16; me too. Hope Dr. H can accommodate us learners. But I still look forward to his commentaries.