— Christophe Barraud🛢 (@C_Barraud) June 27, 2020
This chart shows that equity investors are addicted to fresh stimulus like a junkie. Without fresh Central Bank liquidity, a challenging global economy, high stock mkt valuations & increasing covid cases matter again. pic.twitter.com/vKqabwnfyD
— Holger Zschaepitz (@Schuldensuehner) June 27, 2020
— jeroen blokland (@jsblokland) June 27, 2020
— Liz Ann Sonders (@LizAnnSonders) June 26, 2020
Large Speculators covered/didn't roll *70%* of Net Shorts last week.
It was the third largest net increase of all time, rivaling the summer of 2007.
Looking at history – at a minimum, this positioning is no longer a clear supportive signal for Stocks. pic.twitter.com/liBwwmBvna
— Macro Charts (@MacroCharts) June 27, 2020