“Why Has It Suddenly Stopped Working”: The Chart Every Trader Is Losing Sleep Over
by Tyler Durden
ZeroHedge.com
09/23/2015
As Citi’s Matt King notes in what may be the only chart which traders should be obsessing over, “why has it suddenly stopped working”, by which he means the market’s favorable reaction to central bank liquidity injections. His question: “have central banks lost their touch” The answer will determine whether the next move in the market is 20% higher or lower.
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