At the end of September, Barclays' US equity analysts declared that they are currently “uncomfortably bullish” as the current “bull run in global equities is near the strongest in history,” but valuations are not universally high across the board. With this being the case, it looks as if markets could still have further to run, which is why they’re not ready to throw in the towel just yet as investors load up on spx options which should go up if the bull market continues.
[klarman]
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The report from Barclays went on to declare that “on most measures, the...
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