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In this article, we explore how starkly sentiment has shifted on the fundamentals outlook. From the heights of euphoria at the beginning of last year, there now seems to be a deepening sense of fear on the fundamentals outlook. Bears will say it's the end of the cycle and this is exactly to be expected, and bulls will say it's just a passing growth scare and investors have gone overboard in the swing from euphoria to dysphoria.
Firstly, for context, in the Sentiment Snapshot series I look at some of the charts and data from