The Last Time This Happened, Stocks Crashed
by Tyler Durden
ZeroHedge.com
Sep 14, 2016
Wondering why the stock and bond markets are tumbling simultaneously? Confused by the market’s apparent inability to follow the mainstream media’s narrative that higher rates are good for markets? Wonder no longer – the answer, as we have previously detailed – is the collapse in so-called “risk-parity” funds that force leveraged long positions in equity and bond markets to be unwound en masse.
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