What's most interesting about Jan JOLTS data, and revisions, is that May-June last year was substantially better than thought (by count of hiring rate). But that only raises the question, why didn't it last?
It started out really "V"-like, but then…https://t.co/kwi9beZwGw pic.twitter.com/Hxi3LivdYr
— Jeffrey P. Snider (@JeffSnider_EDU) March 12, 2021
https://twitter.com/GregMannarino/status/1370101473187532800
https://twitter.com/farrisbaba/status/1370097586741374985
Institutional flow has been diverging despite $SPX back at highs–consistent w equity exposure beta for equity hedge funds, risk parity, &CTAs. Evident that there's been ongoing degrossing & no eagerness to chase back up. Also equity+balanced mutual funds' liquidity ratios at lows pic.twitter.com/SaQAvz9yTw
— Stretching Spreads (@FadingRallies) March 11, 2021
HY spread on the move pic.twitter.com/Uat6rWsRS6
— Alessio (@AlessioTMAD) March 11, 2021
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