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Wall Street bank flags hedge timing ahead of July CPI

The bank said its sentiment indicator rose to 1.4 in August, the highest since January 2018.

Reported · Written up by our desk · Indices

A Wall Street bank is urging investors to consider hedging into the release of July’s CPI, citing a rise in a key sentiment indicator tied to market sell pressure.

MarketWatch reports that the bank’s sentiment indicator reached 1.4 in August, its highest level since January 2018, a change the bank is using to flag a potential “sell trigger.”

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