Wasserstrum says
the relatively bullish market in recent years has helped stall adoption of technology in commercial real estate, with some companies not feeling any sort of urgency in that regard.
But I don't think they disprove the EMH, especially not over what I know you concede is a very short period of
relatively bullish market, least of all by looking at them in price (versus NAV) terms.
Not exact matches
The contrarian indicator shows other Wall Street banks are still
relatively bearish on stocks and until they start to get more
bullish, the
market will continue to gain.
Composite Treasuries Sentiment: Taking a broader view of bond
market sentiment (our composite bond
market sentiment indicator combines the signal from futures positioning, fund flows, implied volatility, and global bond
market breadth), it's readily apparent that bond
market sentiment has seen a reset from
relatively stretched bearishness to just on the
bullish side of neutral (i.e. the indicator is saying participants have gone from expecting higher bond yields to expecting lower bond yields).
What could have been a disaster ended up being
relatively bullish price action for the
market.
«There's no clear trend as
market players exhibit uncertainty on future price direction, torn between the
relatively bullish news of the upcoming supply production halving in July, and the
relatively bearish news of Ethereum emerging as a competing and superior currency.»