The market sold off, went straight down, just couldn't stay there. It feels like maybe the selling has exhausted as we've tried to press further. But still backgadation has completely collapsed out of the w t i crud oil market. Gold's been putting together several weeks of strength that basically has seen us surpass 18 hundred and so far holding it now.
MacroVoices Erik Townsend and Patrick Ceresna welcome Nomura quant, Charlie McElligott to the show. Charlie shares whether there’s another shoe to drop for this equity market, and if so, when it’s coming. They also discuss rates and the gamma effects playing out this week. https://bit.ly/3Afi9C9
Download Charlie's slides: https://bit.ly/3BZze4t
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