Citigroup stock market sentiment model reaches euphoria levels
The gauge suggests equities could decline about 9% over the next 12 months, measured over a median basis.
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The gauge suggests equities could decline about 9% over the next 12 months, measured over a median basis.
(Bloomberg) -- If the August downturn for US stocks resumes, Wall Street strategists say it may be a buying opportunity for those who sat out of this year’s rally — not the beginning of another painful slide.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadAt HSBC Corp., chief
While hedging activity is picking up on the fringes, there are few signs of panic.