JPM’s latest survey shows clients have shifted to net long, a move Greg Ip says may reflect pressure from Bessent’s buyback threats. The implication: with investors already long, there may be fewer natural buyers left to cushion any fresh repricing.
published
JPM’s latest survey shows clients have shifted to net long, a move Greg Ip says may reflect pressure from Bessent’s buyback threats. The implication: with investors already long, there may be fewer natural buyers left to cushion any fresh repricing.
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