Loading ...Not that ZH is the ultimate financial resource, but I did like this quote at the end of an article posted this morning……….
the far bigger risk is that algos, which simply correlate one event with another, no longer associate central bank easing with instant market ramps. Should that “alternative” explanation become accepted by the binary crowd, then all bets may soon be off as central banks find themselves unable to boost stocks even if they promise – or do – “whatever it takes.”
hope that part of that “alternate” explanation incorporated into the binary algo’s, lifts the whole PM sector to the heights we’ve all been anticipating for the last 11 years.