"The Capitulation Begins": Everyone Is Bearish But No-One Is Short
December 08, 2018 at 19:16 PM EST
The bad news is that even as investors are bailing out of risk assets, they are also dumping safe havens like treasuries with broad based risk-off flows, including a $5.2 billion outflow from equities and $8.1B billion outflow from bonds this week.