- Global market rout has more to do with end of cheap funding — “A number of macro funds have been caught the wrong way around on a trade, and stops have been triggered, initially starting with FX and the Japanese yen”: BlueBay https://www.reuters.com/markets/us/global-markets-rout-positioning-analysis-pix-2024-08-05/ 4 comments economics
- It's not about the US economy https://www.reuters.com/markets/us/global-markets-rout-positioning-analysis-pix-2024-08-05/ 2 comments wallstreetbets