SEB: It looks like a stock market correction is in the cards

The major bank keeps underweighting equities as the stock market appears to be overly optimistic causing valuations to be "challengingly high".
Photo: CHRIS HELGREN/REUTERS / X00378
Photo: CHRIS HELGREN/REUTERS / X00378

In the near term, the stock market appears to be overly optimistic. Sentiment has shifted from pessimistic to highly optimistic in the course of a few months, writes SEB in its new Investment Outlook.

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