Month-End Rebalancing Equity Pressure
Portfolio rebalancing at month-end and quarter-end may create some downward pressure on equities.
Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.
"Month-end flows are shaping up as a potential headwind, with pension rebalancing models pointing to roughly $25 billion of US equities for sale."
"Traders are pricing in expectations of a 50 basis points (bps) rate hike and the start of reductions to the US central bank's $9 trillion balance sheet."
""Equities are under pressure from a combination of rising interest rates, more cautionary news on the earnings front, and also from COVID developments in Europe.""
"some of these portfolios may sell equities, which would put some downward pressure."