“The Next Few Days Will Be Dominated By Fear” – Why One Trader Isn’t Buying Today’s Massive Stock Surge
by Tyler Durden
ZeroHedge.com
Jun 20, 2016
“The referendum is the single biggest risk-event in 2016. No major money manager can afford the consequences of being wrong if they significantly increase their risk exposure this week. The bravest and most nimble can perhaps punt on sentiment moves. But that is only day-traders and the most opportunistic of hedge funds, and they are a minority of money flows…. The relief rally will soon fade and, globally, most risky assets will trade weaker by Thursday.”
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