So we will de-risk today and sit out the central bank bingo for now. This week has Sell The News written all over it

Leftback said...

LB has been f*cking BOLIVIAN since last Tuesday but thinks it is suddenly a bit Happy Clappy out there, thinking about our risk and we reckon:

1. This week has more down side than up side risk.
2. Bernanke doing nothing at this meeting.
3. Draghi talks bazooka, pulls out water pistol.
4. It's really hot inside this Kevlar body armor.
5. We have had a good week since last Tuesday.

So we will de-risk today and sit out the central bank bingo for now. This week has Sell The News written all over it - before we all start looking forward to the September meetings.