Two Fifteen

Two Fifteen – 7 October 2020

More shock and less awe today as Trump's tweet continues to reverberate. Despite his claim that there will be no further moves on the stimulus debate the fact that European indices are broadly unchanged suggests a degree of scepticism. What is clear though is that the mean reversion theme of yesterday has been put on ice for now. Volumes dead across the board with not a single country showing signs of life - how could you have conviction in these sort of markets?

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