They got it right first time: Deutsche Bank says S&P 500 pullback is coming
may be on the cusp of another pullback, following a previous successful prediction earlier in April when they anticipated a pause in the market rally.
Firstly, they observed a sharp increase in equity positioning among both rules-based and discretionary funds, with exposure reaching the 95th percentile of historical readings over the past decade. Deutsche Bank's team estimates that companies representing nearly half of the S&P 500's market capitalization will enter blackout periods by the end of next week.
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