Pain trades abound as financials panic routs credit, equity crowd
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Pain trades abound as financials panic routs credit, equity crowd

correlation px230 x 150 for gc

Credit and equity markets suffered a crisis of confidence this week, with several previously crowded trades rapidly unraveling in the face of rising concerns about European banks, US Federal Reserve policy and a perceived lack of European Central Bank firepower to revitalise the continent’s stagnant economy.

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