No comment necessary, but a reminder that for a market pricing in LTRO, QE, China Easing (or Cheasing), good news is truly horrible news.
Chart: Bloomberg
No comment necessary, but a reminder that for a market pricing in LTRO, QE, China Easing (or Cheasing), good news is truly horrible news.
Chart: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/139
[3] http://www.zerohedge.com/taxonomy_vtn/term/9809
[4] http://www.zerohedge.com/taxonomy_vtn/term/12410
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/05-2/20120525_sentiment.png