BAML Survey Shows The World Turned Upside Down: Most "Crowded Trades" Bitcoin & Short VolMark Melin
On a day when the much-ballyhooed tax plan passage in Congress leads to the stock market selling off Tuesday – buy the rumor, sell the fact – it is interesting to note that bitcoin selling off might just be the new indicator of “risk off” for the market. In part, this concept can be seen in Bank of America Merrill Lynch’s December 19 Global Fund Manager Survey, which paints an institutional picture of “Golditrumps” market environment where . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible