SocGen: "Complacency" indicator implies market topRupert Hargreaves
SocGen: "Complacency" indicator implies market top
There’s no shortage of indicators out there, which claim to be able to forecast the beginning of the next bear market. Only few of these indicators have been proven to work on more than one occasion with any degree of accuracy, but that doesn’t stop investors and analysts clinging to these indicators in an attempt to try and time the markets.
One such indicator is a “complacency” index from Societe Generale. The index measures the daily number of Bloomberg articles containing the word “complacency” or “complacent”. This indicator reached a . . .
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 [email protected] or click Chat.