Cronus’s Ferry Says Equities Buyers are “Renter-Class” (Audio)

Kevin Ferry, chief market strategist with Cronus Futures Management, says equities buyers are coming from the notes market. He says they are selling Treasuries and being forced to put money into equities while global markets are gyrating. Ferry says investors and traders do not want to own bonds before Friday's non-farm payrolls report for January. Ferry speaks with Bloomberg's Vonnie Quinn on Bloomberg Radio's "The Hays Advantage." podcast link

 

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