Little could be done for children with Dushin muscular dystrophy until the gene

responsible for the disease was known. Hear about the possibilities geneticists are now exploring on the latest episode of

targeting the toughest diseases, a new podcast by Bloomberg Media Studios and Vertex Pharmaceuticals.

To me, context is about pattern recognition.

It's connecting the dots.

It's giving readers an ability to synthesize a number of different

perspectives so they can understand how the greater whole works because nothing really

occurs in isolation anymore. I'm Tim O'Brien and I'm the senior executive editor at

Bloomberg Opinion. On our platform we ask tough questions and solve complex

problems with the facts in mind. Start exploring our opinion coverage and more

at Bloomberg.com.

subscribe. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

Daly, we bring you insight from the best in economics, finance, investment, and international relations,

find Bloomberg surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the Bloomberg.

Now in the equity market, an exceptionally important interview

a conversation with Bincram Chata of Deutsche Bank.

His notes are absolutely definitive on the details of the equity market, the correlations,

and particularly what flows of money are doing.

Binky Chata, thrilled to have you with this.

I read and re-read your paragraph and something I lecture about which is positioning is everything

tell me the positioning or lack thereof of this bull market run.

So what I would say Tom is that the story of basically the huge balance that we've had since

...