After The BOJ And ECB, Will Yellen Disappoint Next? SocGen Warns There Is “Risk The Market Will Be Wrong-Footed”

Wednesday, December 16, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
12/16/2015

According to ScGen, the Fed is widely expected to start tightening policy on Wednesday and adds that “after the BoJ and ECB, we see a risk that the market will be wrong-footed for a third time, and that extreme positions built ahead of tightening will be reversed…. In particular, we are short US small cap equities vs large via being short Russell 2000 vs S&P 500…. As the Fed tightens and the market enters into a lower-liquidity environment (and higher-volatility regime), we think the premium on small caps is no longer justified.”

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter