If I Had ‘Wings’ I Would Fly, Let Me Contemplate: Nomura’s McElligott Flags Potential Path To Sloppier Price Action
For now, a combination of rates that "just can't selloff" and gamma "gravity" means US equities - the global risk asset bellwether par excellence - remain supported and perched near record highs and what some believe are nosebleed valuations. As stocks climbed again on Thursday morning, Nomura's Charlie McElligott reiterated why it is that bonds have had such trouble validating expectations for sharply higher yields in the first few weeks of 2020. "[A] Goldilocks US Economy with benign inflati
5 thoughts on “If I Had ‘Wings’ I Would Fly, Let Me Contemplate: Nomura’s McElligott Flags Potential Path To Sloppier Price Action”
Who s Warren G?
lol. Google “Regulators”… it’s one of the most famous songs of the last 50 years.
Ah, another piece of the puzzle. You know and like Warren G. So you must be younger than 60. LOL.
LOVED IT so much I nearly lost coffee through my nose. Then of course I had to go back and listen to the song for the first time in a decade or so….
All about getting into a craps game and being robbed. Seems relevant…..nice job “H”.