“Buy In May And Sell The Rip”: Wall Street Gives Up On “The Recovery”, Hopes For One Last Market Bounce

Tuesday, May 15, 2018
By Paul Martin

by Tyler Durden
Tue, 05/15/2018

While Wall Street investors may be clinging to hope that central bankers won’t screw up the tightening process, i.e., commit a “policy mistake”, which as we showed earlier is the biggest tail risk on Wall Street today…

… and won’t blow up what is by now the biggest consensus position perhaps in history, namely everyone (including the Harvard Endowment) being long FAANG+BAT…

The Rest…HERE

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