If you look at the US stock market, it would seem as if we are in a relatively good place. Markets have been approximately at the same level for about a year and a half, but hey, who’s counting? All that matters is that the Fed will be there to backstop any losses and that Janet Yellen telling us that there would never be another crisis is legitimate and realistic. Thanks Janet…and now back to reality.
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Quants Think Like Amateurs in the World’s Wildest Stock Market – BNN Bloomberg
www.bnnbloomberg.ca/quants-think-like-amateurs-in-the-world-s-wildest-stock-market-1.1259387
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Deutsche Bank plans cuts in U.S. equities, prime unit: sources – Reuters