Nomura’s McElligott: ‘One Very Significant Source’ Of US Equities Buying Started A Daisy Chain

"Guys I wouldn't want to be in the past 24 hours? Outside of me thinking there was a 'window for a pullback' in stocks out of Op-Ex", Nomura's Charlie McElligott jokes, employing a bit of self-deprecating humor vis-à-vis his call for a move lower in equities this week. It's only Tuesday. There's plenty of time for that call to play out. Indeed, Peter Navarro almost sealed the deal late Monday evening with a series of extremely inflammatory remarks about China, including his already infamous de