Market Pulse on March 20th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2824,23 -8,34.

The stock market registered some intraday volatility, following the dovish tone adopted by the Fed in its statement. As mentionned in our previous comments, The Dow Jones Industrials Index is still the weakest spot among major indexes and is leading the pack towards a correction/consolidation that may take various shapes. The weekly investment survey among private investors is pointing out to an excess of bullishness among this category of investors that needs to be cooled down.

 

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