The Contrarian Bull Has Died

Inflows are back for U.S. domestic equity funds. They received a net $1.55 billion in new investor money during the week ending March 17th.

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At the same time, sentiment, as measured by Citi’s Cyclical Expectations model, continued to climb. There go the days of feeling like contrarian bull.  

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(Via Citi, Pulse Monitor, Tobias Levkovich, 26 March 2010)

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