{"id":345570,"date":"2010-02-21T05:48:00","date_gmt":"2010-02-21T10:48:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/citi-sentiment-wont-stop-crashing-2010-2"},"modified":"2010-02-21T05:48:00","modified_gmt":"2010-02-21T10:48:00","slug":"citi-sentiment-wont-stop-crashing-and-were-approaching-2009-lows","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/345570","title":{"rendered":"Citi: Sentiment Won&#8217;t Stop Crashing And We&#8217;re Approaching 2009 Lows"},"content":{"rendered":"<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 Investment Research&#8217;s two sentiment measures continued to nose dive last week according to strategist Tobias Levkovich.<\/p>\n<p>Both the &#8216;Panic\/Euphoria&#8217; model and &#8216;Cyclical Expectations&#8217; model are now approaching their 2009 lows.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b810b0400000000002967d9\/chart.png\" border=\"0\" alt=\"Chart\" \/><\/p>\n<p>According to the firm, this implies further near-term pressure for equity markets.<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"text-decoration: underline;\">Citi:<\/span> Our Cyclical Expectations Model (CEM) declined further this week, suggesting the equity markets may continue to face near-term pressure.<\/p>\n<p>Still, for long-term investors we&#8217;d read it another way &#8212; U.S. stocks have shown resilience in the face of falling sentiment due to China tightening, U.S. deficit, and European sovereign debt fears. The S&amp;P 500 is down only 3.6% from its January 19th 52-week high, despite this:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b810b22000000000087f37a\/chart.png\" border=\"0\" alt=\"Chart\" \/><\/p>\n<p><em>Add my twitter for a hand-picked stream of research and analysis posts like this: @vincefernando<\/em><\/p>\n<p><em>(Via Citi, The PULSE Monitor, Tobias Levkovich, 19 Feb 2010)<\/em><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/citi-sentiment-wont-stop-crashing-2010-2#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\/rosenberg-heres-why-the-correction-isnt-over-2010-2\">Rosenberg: Here&#8217;s Why The Correction Isn&#8217;t Over<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/equities-rally-while-oil-soars-up-more-than-2-2010-2\">The Bulls Rampage! Equities Rally! Oil Soars! Gold Climbing!<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/jeff-saut-the-time-to-buy-this-dip-is-right-about-now-2010-2\">Jeff Saut: The Time To Buy This Dip Is Right About&#8230; NOW<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/hY-N8ejlysU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Citi Investment Research&#8217;s two sentiment measures continued to nose dive last week according to strategist Tobias Levkovich. Both the &#8216;Panic\/Euphoria&#8217; model and &#8216;Cyclical Expectations&#8217; model are now approaching their 2009 lows. According to the firm, this implies further near-term pressure for equity markets. Citi: Our Cyclical Expectations Model (CEM) declined further this week, suggesting the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-345570","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/345570","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=345570"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/345570\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=345570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=345570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=345570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}