Daybreak Europe Show Open: Market On Edge of Reality

The video discusses the precarious state of the market, drawing parallels to Churchill's famous quote about the end of the beginning. It highlights significant flows in the tech and bond markets, questioning whether a VAR shock could occur. Experts like Charlie Micheli from Nomura point out the leverage buildup, suggesting a potential Minsky moment. The video also examines aggressive bond market outflows, the largest since March 2020, and compares them to historical events like the Volcker Shock.

What significant event in the bond market is mentioned, and what was its impact?

What historical comparison is made regarding the bond market's performance?