"Creating The Conditions For The Next Market Shock" - Nomura Fears "Unstable" Moves Ahead Amid Risk Catalyst Minefield

Ignoring today's dip - which (for now) ends the possibility of the longest win-streak for the S&P 500 in 20 years - the optimism suddenly espoused in equity markets over the past nine days is "almost frightening" according to Nomura's Charlie McElligott.

creating the conditions for the next market shock nomura fears unstable moves ahead amid risk catalyst minefield

Source: Bloomberg

Authored by Tyler Durden via ZeroHedge August 20th 2024