IEF - Risk-On Sentiment Persists Defying Gravity - And Logic?
2024-04-10 07:40:00 ET
Summary
- The list of things that could derail risk-on sentiment is long and varied, but at the moment the crowd has shown little enthusiasm for abandoning winning trades.
- That’s the message via several pairs of ETF proxies for profiling the appetite for risk - a review that reaffirms that bullish enthusiasm remains strong, based on prices through Apr. 8, 2024.
- One area that’s conspicuously bearish, still, is the US Treasury market.
The list of things that could derail risk-on sentiment is long and varied, but at the moment the crowd has shown little enthusiasm for abandoning winning trades. That’s the message via several pairs of ETF proxies for profiling the appetite for risk - a review that reaffirms that bullish enthusiasm remains strong, based on prices through Apr. 8, 2024....
Risk-On Sentiment Persists, Defying Gravity - And Logic?