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"Something Is 'Off'" In Equity-land; Nomura Warns Of "Incoherent" Vol Behavior

Business May 24, 2024

'Strange Things Are Afoot At The Circle K' is the 'Bill-and-Ted'-ian title of Nomura MD Charlie McElligott's latest note to clients as he warns that amid the chaos of rates continuing to chop people up (as everybody's favorite steepener continues to bleed) with the 'short squeeze' running out of ammo after the hot PMIs...

something is off in equity land nomura warns of incoherent vol behavior

Source: Bloomberg

Previous article: Schiff: Silver has New Support At $30 Prev Next article: Goldman Again Changes Forecast For First Fed Cut, Pushes Back To September From July Next

Authored by Tyler Durden via ZeroHedge May 24th 2024

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