What did Macquarie's "FOMO Meter" reveal about the stock market in May?
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What did Macquarie's "FOMO Meter" reveal about the stock market in May?
The fear of missing out, or "FOMO", is a powerful force in the stock market. To help investors gauge when sentiment is running hot (or cold), Macquarie Group Ltd (ASX: MQG) developed what it calls the FOMO Meter. This proprietary indicator aims to quantify market sentiment and identify potential red flags when investor enthusiasm risks outpacing fundamentals. So, what did the FOMO Meter show in May? Sentiment climbed in May — but not too far. Ac…
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