2020 QE is Different this Time

Skew collapses as Nasdaq positions get rinsed, banks are flush & inflation awakens

I will be appearing on Bloomberg TV’s The Open with Jonathan Ferro at 9:30am Eastern Monday September 14

Early Friday morning, in a CNBC interview, we presented out cautious outlook on the technology sector. In the first section of this week’s note, we will build on the interview by differentiating between the positioning dynamics that warranted a tact…