It may be down significantly, but might not be a blood bath.
The Bear buyout at least gets rid of the risk revolving their positions and removes one obvious casualty from the list of suspects.
Also, the Fed meets on Tuesday and everyone will be aware that another substantial rate cut is coming.
Pretty sure it will be a volatile week though. Will be interesting to see where CVI ends up.
Cheers
SBC
It may be down significantly, but might not be a blood bath. The...
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