2024-03-26 09:10:00 ET
Summary
- Technical measures and valuations all suggest the market is expensive, overbought, and exuberant.
- However, none of it seems to matter as investors pile into equities to chase risk assets higher.
- A recent BofA report shows that the increase in risk appetite has been the largest since March 2021.
Technical measures and valuations all suggest the market is expensive, overbought, and exuberant. However, none of it seems to matter as investors pile into equities to chase risk assets higher. A recent BofA report shows that the increase in risk appetite has been the largest since March 2021....
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Technical Measures And Valuations - Does Any Of It Matter?