CREDIT SUISSE: There’s been a ‘fundamental shift’ in how investors view the stock market's relentless rally
Business Insider -

Frank Polich/Reuters

Recent options-trading activity suggests "a more fundamental shift in outlook, rather than just bullish tactical positioning," according to Credit Suisse. 

The past two weeks have seen a drop in the S&P 500's six-month skew, which measures option prices betting on a decline relative to those betting on a rise. 

That's a noteworthy difference from the drop in short-dated skew, which was already happening, Credit Suisse says.

The stock market's unrelenting march higher...


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