stethoscope and graph of stock market
getty
The growing consensus of many stock market strategists is yes, after a holiday-shortened week dominated by the so-called meme stocks. A recent Evercore ISI survey reveals that among respondents, the portion that think that the next big move for the stock market is upwards has fallen to 51% from 66% in December.
Additional data indicated that equity exposure has declined from the April peak and equity fund inflows have declined 33% over the past two months….
