Wells Fargo “I do imagine there will be much more volatility but I think we have observed the worst of the offer-off,” the Wells Fargo’s chief investment officer Kirk Hartman told BuddyMantra’s “Avenue Symptoms Asia” in a pre-recorded job interview launched Tuesday.”What is appealing to me is the market has priced in a really superior restoration in 2021 and, as long as that comes about, I imagine the market, though a little bit stretched, is relatively valued,” he added. Deutsche Bank Deutsche Bank took its cue from the options market. Deutsche bank explained the put-call ratio, which measures the quantity of bearish contracts compared to bullish contracts, experienced normalized fairly with the correction, following owning fallen to the reduce conclude of its 10-calendar year range in the latest weeks, reflecting severe investor optimism.
The bank’s strategists led by Srineel Jalagani said in a note this week: “Traditionally, corrections in the put-call ratio have tended to have sharp but short-lived market impacts.”
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