The Macro Trading Floor cover image

Here Is Why Markets Are Rallying

The Macro Trading Floor

CHAPTER

The Fed's Positioning in the S&P 500

One source of volatility over the last few orders has been the Federal Reserve. Long-only asset managers, they will only sell in size if clients withdraw money from their funds. So you can actually get a sell-off even with professionals being bearish ahead of it,. If it is driven by actual mainstream withdrawing of liquidity, right?

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