Business
What did Macquarie’s “FOMO Meter” reveal about the stock market in May?

Image source: Getty Images
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…
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