Rabobank: “Everyone Rational Wants to Sell, While Everyone Official Has Been Told to Buy”
Tuesday, January 12, 2016 6:03
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from Zero Hedge
The best summary of what happened overnight comes courtesy of Michael Every, head of financial markets research at Rabobank Group in Hong Kong, who was quoted by Bloomberg as follows:
While the government helped boost stocks at least twice last week, according to people familiar with the matter, equities extended declines into the close on Monday. Even if state funds come in to defend the 3,000 level, it may not ultimately work, according to Michael Every, head of financial markets research at Rabobank Group in Hong Kong.
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Source: http://financialsurvivalnetwork.com/2016/01/rabobank-everyone-rational-wants-to-sell-while-everyone-official-has-been-told-to-buy/?utm_source=rss&utm_medium=rss&utm_campaign=rabobank-everyone-rational-wants-to-sell-while-everyone-official-has-bee
