BAML “The Final Melt-up”Mark Melin
Cyclicality is on the rise as Japan, equity market inflows alongside credit and gold make up a basket of long market exposure, an August 11 Bank of America Merrill Lynch research piece notes. Market prices and inflows are tending increase while the bank’s Bull & Bear Indicator shows “sentiment getting more bullish but not yet at an extreme.”
BAML notes Japanese equities see largest inflows since January, while others eye central bank stimulus impact on "melt-up"
At $1 . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click Chat.