Equity fundamental net-bulls do appear to be faltering, at least consolidating if not rolling over
As a reminder, the weekly survey on Twitter asks respondents their views/positioning on equities and bonds based on whether their view is primarily driven by the "fundamentals" vs "technicals". It's important to keep that fact in mind as we go through the latest results.
Indeed, the latest results showed "technicals" net-sentiment dropping to the lowest point on record, and yet "fundamentals" sentiment was little changed on the week. My first impression is that this is entirely consistent with the idea that this is a . . .
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