Wall Street’s largest trading desks say the extremely bearish positioning in equity markets going into the end of the quarter was the main driver of Tuesday’s big rebound in US stocks, rather than a shift in investor sentiment over the Iran war.
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Bearish Positioning Is Driving Stocks More Than Peace Prospects
Wall Street’s largest trading desks say the extremely bearish positioning in equity markets going into the end of the quarter was the main driver of Tuesday’s big rebound in US stocks, rather than a shift in investor…
