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Wall Street Trading Desks Urge Clients to Raise US Stock Exposure Ahead of Year-End Rally

By ChordNews · First written (updated )

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Summary

Wall Street's biggest trading desks are urging clients to increase their exposure to US stocks. They are betting that lackluster investor positioning leading up to the midterm elections has created room for a year-end rally. A later Bloomberg newsletter repeats the view that the path of least resistance for stocks is up.

This continues an earlier story: UBS sees potential S&P 500 rally after midterm elections

Later: Wall Street Strategists See Post-Midterm Stock Selloff as a Buying Opportunity

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Wall Street's biggest trading desks are urging clients to increase their exposure to US stocks, betting that lackluster investor positioning ahead of the midterm elections has created room for a year-end rally.

  2. Bloomberg

    Source ↗

    Bloomberg's newsletter says Wall Street trading desks are betting that the path of least resistance for stocks is up, making the case for a year-end US stocks rally.

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