That page contains a proprietary "Sentiment Collapse Indicator" (SCI), a metric allegedly compiled by a consortium of three private hedge funds. The data suggests that institutional liquidity in emerging market debt is tighter than at any point since March 2020. What makes it sensacional , however, is the annotation in the margin: a handwritten (later digitally verified) note reading: "Stop losses triggered. Contagion imminent. 72hr window."
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