McElligott: Shhh... It's Working
Mar 24th 2020 10:55am EDT

McElligott: Shhh… It’s Working One man’s fake market is another man’s blast off rally. On the same day Rabobank’s Michael Every asked rhetorically what’s the point of having a market if the Fed is backstopping everything in what is a de facto nationalization of risk, Nomura’s Charlie McElligott is focused on a more practical aspect […]
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