After The Crash, Nomura’s Charlie McElligott Looks Ahead

After The Crash, Nomura’s Charlie McElligott Looks Ahead

"Peak calamity" - that's how Nomura's Charlie McElligott describes Monday, the worst day for US equities since the crisis, a harrowing day for measures of credit risk and one of the most dramatic sessions for crude in the history of the world's most financialized commodity. On Tuesday, risk assets tried to bounce, ostensibly on promises from Donald Trump, who swears he's set to roll out a "dramatic" ("big league") economic stimulus package, complete with a payroll tax cut. But, as noted before
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