Formerly bearish on all things financial in Europe, CLSA's Chris Wood eyes rumors the ECB's LTRO...

|By:, SA News Editor

Formerly bearish on all things financial in Europe, CLSA's Chris Wood eyes rumors the ECB's LTRO on Feb. 29 could hit €1T (LTRO #1 was €489B) and reverses his view. He sees the euro continuing to sink, but EU financials wiping out the shorts in a "violent bear market rally."