2024-07-20 11:36:59 +0300
Bernstein Strategists Say Stocks Have Yet to See Capitulation
Bloomberg
By Sagarika JaisinghaniStock markets are yet to see full capitulation from investors, raising the risk of more declines in the short term, according to Sanford C. Bernstein strategists.
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“We have not yet seen capitulation in outflows from equity funds,” strategists Mark Diver and Sarah McCarthy wrote in a note on Wednesday. “In fact outflows, excluding Europe, have only just begun.”
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