(Bloomberg) — U.S. stock positioning is near extreme levels as investors price in improving worldwide economic growth, according to Deutsche Bank AG.“Equity positioning, like the market itself, has run far ahead of current growth asinvestors price in a global growth rebound,” strategists Parag Thatte, Srineel Jalagani and Binky Chadha wrote in a note Friday. It “is now in the 96th percentile on our consolidated measure, with a wide variety of metrics very stretched.“Systematic strategies have raised equity exposure to the top of their ranges — to where the only time it was higher was in January 2018, prior to the …read more
Source:: Yahoo Finance