JP MORGAN FLAGGED SOMETHING HARD TO IGNORE.


Up to $165B of equity selling could hit into quarter-end as big funds rebalance risk back toward bonds after the recent run-up.
No earnings story/ macro shock. Just mechanical flows.
When positioning is stretched near highs even “non-news” selling can looks like real pressure fast.
AI names crowded. Indexes extended. Volatility compressed.
End of quarter tape is about to get interesting.
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