HEI: Powell press conference showed why Fed should stop talking
THE HEISENBERG writes: If you took anything away from the past 24 hours in markets, it ...
THE HEISENBERG writes: “Listen, you guys, Nomura’s Charlie McElligott is a man who has a lot to say. As regular readers know, we try to inject a little humor into things whenever possible, and when it comes to Charlie, that effort generally manifests itself in lines like these, from a December post: The elephant in the room this week was obviously Nomura’s Charlie McElligott, the living embodiment of “more cowbell” when it comes to real-time updates on systematic flows. If you’ve “got a fever” and the “only prescription” is more rapid-fire analysis of programmatic de-leveraging/re-leveraging, McElligott is your Gene Frenkle.“
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