Citadel: Everyone Is Short The Inflation Tail Risk

Authored by Nohshad Shah via Citadel Securities,

EVENTS LAST WEEK REINFORCED THE HEADLINE FROM MY LAST NOTE: “BEWARE OF COMPLACENCY”. 

The Greenland kerfuffle – which at one point appeared capable of rupturing NATO – was a timely reminder that we are now firmly in a geopolitical world order driven by power rather than rules