Central Banks

JPMorgan: "This Is The Moment Everyone Went All In"

The question asked, and answered, by JPMorgan is what event catalyzed this rush to "all in" stocks for everyone from hedge funds to mutual funds, to robots, algos and finally, retail investors. The answer, as shown on the chart below, was the election of Trump.

European, Asian Stocks Slide But US Futures Rebound As Tax Deal Fears Ease

U.S. equity index futures point to a higher open, having rebounded some 10 points off session lows with the VIX stuck on the edge between single and double digits, while European and Asian shares decline as investors assess central banks’ shift toward tighter monetary policy and concern over tax overhaul ahead of final plan. 

"Everything's Great!"

TIMESTAMP: “there’s less to lose sleep about now than in a long time...”