UBS Sees Capitulation As Hedge fund Net leverage Gets To 2009 LowsRupert Hargreaves
“We see six signs of capitulation flows data,” begins UBS's weekly European Flow Watch research note sent to clients yesterday.
According to the bank’s analysts, the six signs of capitulation in European equity markets in European equity markets are:
- Banks: Investors have been net sellers of the banks the first time in five and half years. The recent risk-off move has seen the most net selling of any sector over January.
- Country selling: On . . .
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