Lines In The Sand

  • Line in the sand - a line one won't cross or as the Dead sang: a point beyond which one really won't go.

  • Cross asset markets feature many such lines - be it technical levels, policy lines, or FX levels - many seem out of line

  • Our model portfolio review noted a sharp line btwn V poor sentiment & strong relative performance by Commodity & EM ETFs
September 9th, 2022
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