Don’t call it a “melt-up,” but the June stock-market rebound could soon begin to foster the same sort of “fear of missing out” that prevailed in April if speculators come off the sidelines, says one analyst.
While Nomura’s proprietary gauge of the global mood around equities is on the upswing, the narrative around market sentiment has generally been downbeat. Also see: Trump touts best June for the stock market in years — but charts show 5 areas flashing warnings A melt-up is often defined as a sharp and unexpected rise in the price of an asset, driven largely by a stampede of investors who are more concerned about missing out on a big rally than by improving market fundamentals. Melt-ups are often followed by significant market setbacks.
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