15/08/17

Beware The Dead Cat Bounce: "Exuberant Markets Can't Escape The Shadow Of Negatives"



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Beware The Dead Cat Bounce: "Exuberant Markets Can't Escape The Shadow Of Negatives"
// Zero Hedge

Treasury yields have erased the knee-jerk losses from retail sales, Nasdaq is now tumbling, and gold is bouncing...

This is not the market we saw yesterday that was relieved that the world had not ended and Bloomberg's macro strategist Mark Cudmore is worried that it's not over, warning that "exuberant markets can't escape the shadow of negatives"

Via Bloomberg,

Risk assets have rallied sharply so far this ....

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