Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Markets ‘Still Insulated From Shocks’, Nomura’s McElligott Says, Amid Virus Scare
Impeachment, world wars, pandemics - lions, tigers, bears - it hasn't mattered for a market surfing a wave of central bank liquidity.
Of course, balance sheet expansion and rate cuts aren't the only things keeping stocks buoyant and volatility suppressed. There are at least four key factors at play, one of which is the overhang from option flows.
With risk assets seemingly on the mend after a shaky Tuesday, Nomura's Charlie McElligott notes that although "we did see some of the 'extreme' $Gamm
