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"This Goes Beyond Short-Covering" - Goldman Flows Guru Confirms 'Markets Grind Higher From Here Into Year-End'

Tyler Durden's Photo
by Tyler Durden
Monday, Nov 06, 2023 - 06:30 PM

A trifecta of terrific news for bonds last week - smaller-than-expected Treasury refunding, more dovish than expected Powell, weaker than expected jobs data - triggered a giant short-squeeze in both bonds and stocks (and a plunge in the dollar)...

The question on many traders' minds as we start this week is 'what happens next'?

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