This week will be important with the Jackson Hole event, as well as Nvidia (NVDA) earnings. Cem Karsan weighs in on supply, demand, and volatility. Is liquidity from a macro standpoint very weak? The market has ignored this as treasuries had shortened durations. Also, there was a surprise when Fitch warned that a downgrade of banks could be in the future. Karsan says that vol flows are supportive.
Market On Close
21 Aug 2023
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