Market News
Cash appetites go separate ways in US and Europe - REUTERS
By Mike Dolan
LONDON, Dec 18 (Reuters) - Stock market peaks typically coincide with troughs in cash holdings - but a regional skew to that picture may be messing with the signal for anyone still wary of U.S. equities.
The overwhelming, almost unnerving, bullishness about Wall Street stocks for 2025 is now pretty clear. Not one of 16 annual outlooks collected by Reuters from top brokers and investors sees the S&P500 (.SPX) lower in 12 months' time, for example.