Goldman: Markets Biggest Fear Is Neither Trump, Nor Sanders, Nor The Fed … It's BrexitMark Melin
As the market prices in Brexit volatility, where are the opportunities for traders?
Shortly after an Investec research report noted that the perception regarding a Brexit volatility and a mean reversion trade might drive reality, and recommended buying a U.K. bank that was not Barclays, Goldman Sachs has a different take. Looking at the underlying market structure behind Brexit volatility, the bank’s option research team note a term structure unfavorable to near-term long . . .
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