Citi's Manthey Says Volatility Levels Points to Flat Stocks Performance in Near Term

Core Viewpoint - The software stocks selloff indicates ongoing market volatility, with expectations of flat performance in the short term and potential market recovery over six months [1] Group 1: Market Performance - Analysis suggests that the gap between dispersion and volatility indicates that, at best, market performance will be flat over the next 1 to 3 months [1] - Over a six-month horizon, the market is expected to trend upwards [1] Group 2: Volatility Insights - Current market conditions reflect a level of anxiousness, suggesting that volatility may persist in the near term [1]