Systematic Tsunami: BofA says there could be $130bn of selling this week
Done & dusted?
JPM prime brokerage says that the selling and gross reduction over the past 4 weeks is very close to prior extremes. BofA highlights that there could still be enormous (>$130bn) of systematics selling this week in a down-tape. Here are 12 relevant charts and quotes on positioning and flows from the Wall Street prime brokerage desks.