“Are We There Yet”: Has The Market Hit Peak Capitulation

There is just one question one everyone’s mind: with retail sentiment plumbing record lows…

… leading to the first retail monthly outflow since the covid crash…

… and with institutional sentiment also near record lows…

… hampered by near-zero liquidity in the market…

all traders want to know is whether after the $6.3 trillion wipeout in US stocks since March, “have we finally hit peak capitulation”, and is this the market bottom?

Alas, in responding to the question of “are we there yet“, BofA’s Michael Hartnett has some bad news: No, and explains. “Fear

Keep reading this article on Zero Hedge - Blog.

Leave a Reply