03/06/2026
While Pascale remains constructive on the longer-term outlook, he believes the risk of a near-term pullback is increasing.
“Positioning is now stretched,” he stated, pointing to heavy inflows and fragile systematic exposure. The bank also noted that markets have become increasingly sensitive to interest rates as investors adjust to a “more persistent inflation/higher neutral rate outlook.”
Investing.com -- The equity rally fueled by artificial intelligence enthusiasm may be entering a more vulnerable phase, according to Barclays analysts in a note on Tuesday.
