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Market Impact: 0.18
Europe’s Wealth Managers Are Turning Their Backs on Stock Rally
Source: Bloomberg
Investor Sentiment & PositioningMarket Technicals & Flows
More European wealth managers are turning pessimistic on regional equities, arguing that this year’s rally is likely to fade. The view is that US and developing-market performance will outpace Europe going forward, implying relative weakness for European stocks.
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Overall Sentiment
mildly negative
Sentiment Score
-0.18
Ticker Sentiment
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