{"id":155752,"date":"2010-01-08T16:06:00","date_gmt":"2010-01-08T21:06:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/citi-panic-is-dead-2010-1"},"modified":"2010-01-08T16:06:00","modified_gmt":"2010-01-08T21:06:00","slug":"citi-market-panic-is-finally-dead-and-gone","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/155752","title":{"rendered":"Citi: Market Panic Is Finally Dead And Gone"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>Citi&#8217;s Panic Euphoria model always looks like it was built for a 1990&#8217;s stock market, given that the old super-bubble of sentiment makes most future years appear as &#8216;panic&#8217;. Still, as with all of these black box models, they&#8217;re at least one useful source of perspective when compared against themselves &#8212; what is their model reading relative to the peaks and troughs of their model&#8217;s output in the past.<\/p>\n<p>Thus this should be a bit worrisome &#8212; the model is now in &#8216;Neutral&#8217; territory, which in Panic-Euphoria lingo we feel means moderately bullish.<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"text-decoration: underline;\">Citi:<\/span> Our Panic\/Euphoria model moved back into neutral territory. Last week&rsquo;s Panic\/Euphoria reading was -0.14; the prior week&rsquo;s number was revised to -0.19.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b4795090000000000bd5639\" border=\"0\" alt=\"Citi Panic Model\" \/><\/p>\n<p>Citi&#8217;s less-broken-appearing &#8216;Cyclical Expectations&#8217; sentiment model validates this conclusion, even taking it a step further &#8212; sentiment appears to be looking toppy:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b479513000000000088f47b\" border=\"0\" alt=\"Citi Panic Model\" width=\"450\" \/><\/p>\n<p>In the near-term, it seems that sentiment has farther to fall than rise given how much it&#8217;s improved lately.<\/p>\n<p><em>(Via Citi Investment Research, The Pulse Monitor, Tobias Levkovich, 8 January 2010)<\/em><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/citi-panic-is-dead-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/citi-the-market-is-back-in-panic-mode-2009-12\">Citi: The Market Is Back In Panic Mode<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/fidelity-staying-the-course-worked-for-millions-2009-11\">Great News: If You Didn&#8217;t Panic, Your 401(K) Is Now Above Water<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-dont-panic-well-keep-buying-tons-of-dollars-2009-12\">China: Don&#8217;t Panic, We&#8217;ll Keep Buying Tons Of Dollars<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/YLpxC0Zm03w\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Citi&#8217;s Panic Euphoria model always looks like it was built for a 1990&#8217;s stock market, given that the old super-bubble of sentiment makes most future years appear as &#8216;panic&#8217;. Still, as with all of these black box models, they&#8217;re at least one useful source of perspective when compared against themselves &#8212; what is their [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-155752","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/155752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=155752"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/155752\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=155752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=155752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=155752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}