6 Comments

Interesting about the SNB. Alf at the Macro Compass wrote a piece recently identifying they hold nearly 30% of their FX reserves in stocks. So could be quite an event for stocks if they start to unload. Their FX reserves being over 100% of GDP

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The piece by Kuppy, OPEC's Counterattack, was really quite interesting!

"Indeed most of the focus was on her choice of walk on music and the various ways that could be interpreted!" What was the music?

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For Wells Fargo to promote the idea that a risk reversal done delta neutral by JPM's fund that gets rolled every qrt caused a SPU rally puts them on equal footing with the CNBC stock touters.

Maybe they should look in other corners i.e Target Date funds rebalancing?

To your credit you do call it a story but I wish you would have taken the next step and called it hogwash for your readers.

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