The market looks to open strong this morning on the back of better than expected bank earnings and credit data out of China. As we highlighted in our “Bullish but…” slide deck – investors are hesitant to chase prices thinking the positives are already discounted in the market. In other words, they don’t believe the backdrop is negative, just that any improvements are already discounted in the market.
Sign up to access the rest of this content!
This content is not available to free users. Sign up for a paid account to access the rest of this content.