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Euro Goes Vertical, Stocks Not Following, Waiting For MSM To Come Up With A Reason

Courtesy of Tyler Durden

Even as the carry trade just went ballistic, with the yen last seen buying a 10 gallon vat of vaseline at your nearest corner drugstore, stocks are not in triple digit gain mode yet. We are giving it a few seconds for the Ph.D. to recalibrate their upward bias models. In other news, FX traders – with this kind of volatility, we hope you are sitting near a defibrilator.

 


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