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Goldman Trader Explains What Was Behind Today's Market Meltdown

Tyler Durden's Photo
by Tyler Durden
Thursday, Jan 19, 2023 - 12:15 AM

Goldman flow trader Mike Nocerino was one of many stumped by today's major risk unwind which started suddenly mid-morning and accelerated the close.

While he admits there was no smoking gun on the reversal, here are a few reasons Goldman's flow-desk gathered: 

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