Stocks Face 'Meltup': Strategist


Despite recent warnings that the rally may be over, stock markets face a "meltup" as institutional investors will now feel obliged to buy to deliver returns, Philippe Gijsels, senior equity strategist at Fortis, told CNBC Monday.

"Now you have the feeling of 'get me in at any price,'" as opposed to 'get me out at any price', he explained.

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