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30 September 2020
3 min read

Is the disappointment trade setting up?


Equities are picking up steam today, overnight losses have been recovered, and the major indices sit healthily in the green.

Everything's wonderful.

But...  

How much of this recent positivity is riding the wave of stimulus optimism?

U.S. Stimulus Bill - I Just Need Some Liquidity Maaaaan
Robin Williams in 2009, talking about the banks and their liquidity addiction. > But this time it’s different.Shhh, it actually is. The banks (generally) have plenty stashed away. It’s households and businesses that need juicing this time. Unfortunately, stimulus talks appear to have reache…

Yesterday, the Democrats

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