Nomura: Bounce Now, Or Else - S&P Futures Are Now "Live" For Deleveraging
Feb 26th 2020 12:35pm EST
Nomura: Bounce Now, Or Else – S&P Futures Are Now “Live” For Deleveraging Nomura’s Charlie McElligott sees the chances of a meaningful bounce in US stocks (on month-end pension rebalancing flows as well as some sentiment-shifters overnight), but warns that should we fall just a little lower, CTAs will be triggered to “delever” and markets […]
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