US equity valuations stretched, have ‘less room to run’: RBC By Investing.com
Investing.com — US equity positioning and valuations are looking increasingly stretched, according to RBC Capital Markets. In a report released Monday (NASDAQ:), RBC underlines that positioning in equity futures for both the and the recently reached peak levels. As the market rides post-election optimism, the investment bank suggests there may be limits to how much further valuations can expand. “US equity positioning in the futures market – including S&P 500