Equity positioning is still low despite stock market rally, HSBC strategist says

"Secondly, the relatively low expectations that investors have around earnings. Now analysts have started to upgrade those, but certainly still earnings expectations are relatively low and markets have benefited from that," he added.

"Investors are quite skeptical, a lot of cash as well with our clients but also when you look at surveys, U.S. investors are only 23% bulls, usually that is between 20% and 45% so we are at the bottom end," Sels said.

PERMABULLSHIT

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's why already red-hot tech juggernauts will keep climbing through the election, according to Goldman's US equity chief | Markets InsiderDavid Kostin told CNBC on Tuesday that technology will continue to grow and remain strong in the long term. His two reasons for this: the high g... Tech will climb in the long term, but I fear the present overvalued price and a bubble. A correction in the price might occur before this long-term-climb.
Source: BusinessInsider - 🏆 729. / 51 Read more »