Sep 03

JPM Head Quant Is Back With New Warning: “Only Half The Selling Is Done; Expect More Downside” (ZeroHedge, Sept 3, 2015):

“… we estimate that only about half (or slightly more than half) of total technical selling was completed to-date (mostly completed by VT funds, half by CTAs, and a smaller fraction by RPs). We estimate that a further ~$100bn of selling remains to be completed over the next 1-3 weeks. As a result, we expect elevated volatility and downside price risk to persist.”

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2 Responses to “JPM Head Quant Is Back With New Warning: “Only Half The Selling Is Done; Expect More Downside””

  1. Marilyn Gjerdrum Says:

    According to this article, people like me are unusual…….I fell in love with economics at UC; it is the ultimate logic, totally pragmatic and amazingly interesting……I really feel people don’t know what they are missing when they run from a simple class in micro & macro economic theory……It is great!

    http://www.zerohedge.com/news/2015-09-03/why-economics-matters

  2. Marilyn Gjerdrum Says:

    Now, the number is up to 94 million unemployed.

    How does US media spin it?
    “Jobless rate at lowest since 2008, we are at FULL Employment.”
    Unemployment rate dropped to 5.1%
    Full employment, time for the FED to raise rates…….
    “US economy is mending, what is happening in Europe isn’t that important to US economy.”

    http://www.zerohedge.com/news/2015-09-04/record-94-million-americans-not-labor-force-participation-rate-lowest-1977

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