Home market “One-Sided Positioning in US Stock Market Raises Pullback Risks – Citi warns”

“One-Sided Positioning in US Stock Market Raises Pullback Risks – Citi warns”

0
“One-Sided Positioning in US Stock Market Raises Pullback Risks – Citi warns”

According to strategists at Citigroup Inc., investors have heavily favored growth in US stock futures, resulting in a one-sided positioning by the end of June. This imbalance increases the likelihood of a pullback in the market. Additionally, the addition of $7.1 billion worth of new long positions in S&P 500 futures last week, combined with substantial profits already obtained by investors, further amplifies the risks of earnings being fixed.