Unshackled!
“…daily amplitudes not seen since 2011.”
“…daily amplitudes not seen since 2011.”
Still nebulous.
Oh, the humanity.
“Describing the conditions as turbulent is an understatement”.
Praying for a deus ex machina.
“Almost” there…
“Wild” is an inadequate adjective.
It’s getting scary out there.
“We are all subject to the same risk management parameters.”
“In a significant way”.
“We certainly hope that these latest measures are enough”.
“…since the beginning of the COVID-19 panic, there’s been a ~90% plunge in futures market depth.”
Traders have questions.
“Unimaginable violence” and emergency intervention…
“And yet, hanging over it all is the only question that really matters”…
“Oh, what a difference a week makes.”
“The virus should go, but stimulative measures will likely stay”.
Turmoil.
And now, back to your regularly scheduled, insane duration grab.
“…frustration gave way to incredulity and, eventually, incredulity surrendered to a kind of fatalism”.
“We caution investors that this bubble will likely collapse.”
All anyone cares about is the liquidity spigot.
“It’s a macro tape, you’re just living in it”.
“Risk gets spooked”, a local consideration and a big-picture reminder.
No asset is an island.
“One might, perhaps, see the recent price-action of the Tesla as supportive of this idea.”
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