From BBG: Expectations for rate hikes come alive after Warsh commented on the central bank’s inflation objective. That gave traders the green light to once again brace for one quarter-point increase by year-end and lean toward two by March 2027."
From GS via BBG:
- Hedge funds have loaded up on shorts, pushing bearish bets near a 5-year high and raising the risk of a sharp squeeze.
- Short/Buy ratio hit ~5x across global equities, and short leverage is now at 99th percentile over the past 5 years.
What's the setup?
That brings the #BBGCanadianFinance# to a close. Thank you to sponsor @nationalbank for making these conversations possible!
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