One Flew Over the Cuckoo’s Nest

Romain/ juin 9, 2020/ Finance/ 0 comments

After the huge equity rally of the past two months, more than 40% of the S&P 500 constituents now display relative strength indices (RSI) above 70. Meanwhile, American retail investors are rushing into shares of bankrupt companies like Hertz or Chesapeake. In such an exuberant context, Sven Henrich published a an interesting contrarian piece about markets and what could come next:

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