• CREDIT SUISSE: There's been a ‘fundamental shift' in how investors view the stock market's relentless rally

    One year ago - By Business Insider

    Recent options-trading activity suggests "a more fundamental shift in outlook, rather than just bullish tactical positioning," according to Credit Suisse.
    The past two weeks have seen a drop in the S&P 500's six-month skew, which measures option prices betting on a decline relative to those betting on a rise.
    That's a noteworthy difference from the drop in short-dated skew, which was already happening, Credit Suisse says.
    The stock market's unrelenting march higher has changed how investors see this bull market, according to Credit Suisse.
    As the S&P 500 rose, investors positioned...
    Read more ...