Analysts at Citigroup have signaled a significant red flag in the global stock market that has previously foreshadowed major crashes. “Our index of global sell-side stock calls is back at peak bullishness, so triggering a red flag in our Bear Market Checklist. Analysts are most bullish in the U.S. and, increasingly, EM [emerging markets]. They…
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Citi Analysts Warn of Red Flag in Stocks, Same Signal That Preceded Major Equities Crashes
Analysts at Citigroup have signaled a significant red flag in the global stock market that has previously foreshadowed major crashes. “Our index of global sell-side stock calls is back at peak bullishness, so triggering a red flag in our Bear Market Checklist. Analysts are most bullish in the U.S. and, increasingly, EM [emerging markets]. They…