Head-Fakes And One ‘Giant Logistical Project’

Head-Fakes And One ‘Giant Logistical Project’

Some would probably tell you the dramatic rotation that played out in the equities space early last week alongside the Pfizer vaccine news is already dead. They'll point to Thursday, when renewed lockdown worries triggered a risk-off move, as evidence. The steepening impulse from the vaccine euphoria was mitigated, if not totally snuffed out, by that day's bull flattening. Bloomberg's Katherine Greifeld captured the mood. "Those waiting for the big reflation trade to finally take off were deal
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