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Can the Fed save China?

September 21, 2021 - 12:00 -- Admin

Nothing is more amusing than reading the smartest guys in the room as their theses fall apart. JPM leads us off: The market sell-off that escalated overnight we believe is primarily driven by technical selling flows (CTAs and option hedgers) in an environment of poor liquidity, and overreaction of discretionary traders to perceived risks. However,

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