From the Desk of Ian Culley @IanCulley
Messy, messy, messy.
If there’s one market description I’ve grown tired of more than others – it’s “messy.” It’s my pain trade.
Interest rates, the US dollar, crude oil, gold – you name it! – all are trendless and range-bound.
One of our viewers during yesterday’s live What the FICC? episode offered up an alternative description: ambiguous. I like it!
But there’s one area of the fixed-income, commodity, and currency landscape poised to break free from this ambiguity…