Panic/Euphoria Model Now At Higher Level Than Pre-Crisis: CitiVW Staff
“We continue to think that a 1Q14 correction (in the 5%-10% range) is possible given weakening EPS forward guidance trends and some softening in the Cyclical Expectations Model, not to mention euphoric sentiment levels,” say Citi's US Equity strategists Tobias Levkovich, Lorraine Schmitt and Christina Wood in their latest “PULSE Monitor” research note.
Sentiment (S) rules overly euphoric in PULSE
Sentiment is the only negative amongst Citi's
SORRY! 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.
This content is exclusively for paying members.