 "Deutsche Bank")
If the selloff feels like bad news, don’t blame Binky Chadha.
Yes, stocks are heading for their worst week in two years. Treasuries are sinking, with 10-year yields jumping to the highest level since 2014. And commodities from oil to gold have been roiled. But according to Deutsche Bank, signs of trouble have been plainly visible for a while.
Chadha, the firm’s strategist, sent out a warning earlier this week that investor positioning is stretched in almost every major asset. Even worse, markets are moving in unison to a degree rarely seen during this market cycle, in which
Yes, stocks are heading for their worst week in two years. Treasuries are sinking, with 10-year yields jumping to the highest level since 2014. And commodities from oil to gold have been roiled. But according to Deutsche Bank, signs of trouble have been plainly visible for a while.
Chadha, the firm’s strategist, sent out a warning earlier this week that investor positioning is stretched in almost every major asset. Even worse, markets are moving in unison to a degree rarely seen during this market cycle, in which
