Citigroup Warning: U.S. stocks are sending out signals of a sharp decline!
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Citigroup warns that the US stock market is sending a signal of a sharp decline, as the long positions in the S&P 500 index have reached the highest level since mid-2023. Analysts point out that although investors' positions are not tight, market risks are rising. The S&P 500 index has risen by nearly 23% this year, with optimism stemming from hopes of an economic soft landing and corporate profit growth. Despite the uncertainty of the US election, analysts believe that the market still has upside potential, especially as short interest positions are in a loss-making state
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