A Surprise From JPM: “Pundits Are Urging Investors To Chase Performance; We Believe This Would Be A Mistake”
by Tyler Durden
ZeroHedge.com
05/03/2016
“Equities had a meaningful rebound from the February lows, and we now find many who didn’t want to add at the time, are looking to enter the market at these levels. Indeed, pundits are urging investors to “chase performance”. We believe that this would be a mistake; complacency has crept into the market again, technicals appear overbought and the upturn in activity appears to be stalling.”
The Rest…HERE
