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