Years. The bounce back has been sharp and swift. Since the lows on february 11th, the major indices is up 7 or more and oil has gained 35 . Whats driving the rally, and has the market entered a new phase . Bob takes a look from the new york stock exchange. Reporter the market has entered a goldilocks window. The most Important Development is commodities have put in an intermediate term bottom. Iron ore has rallied dramatically in the last few days. This is positive implication for earning. Its good news for energy and material stock. They led the rally. Its also eased some of the worries the loans to banks have out to Energy Companies and its dramatically decrease worries about an out of control deflationary spiral. Its also helped greatly reduce the fears that some kind of global recession might be imminent. Thats led to a huge rally at emerging market economies with russia, brazil and south africa all up double digits in the last few days. The market has come to strongly anticipate t
Years. The bounce back has been sharp and swift. Since the lows on february 11th, the major indices is up 7 or more and oil has gained 35 . Whats driving the rally, and has the market entered a new phase . Bob takes a look from the new york stock exchange. Reporter the market has entered a goldilocks window. The most Important Development is commodities have put in an intermediate term bottom. Iron ore has rallied dramatically in the last few days. This is positive implication for earning. Its good news for energy and material stock. They led the rally. Its also eased some of the worries the loans to banks have out to Energy Companies and its dramatically decrease worries about an out of control deflationary spiral. Its also helped greatly reduce the fears that some kind ofe global recession might be imminent. Thats led to a huge rally at emerging market economies with russia, brazil and south africa all up double digits in the last few days. The market has come to strongly anticipate
The bounce back has been sharp and swift. Since the lows on february 11th, the major indices is up 7 or more and oil has gained 35 . Whats driving the rally, and has the market entered a new phase . Bob takes a look from the new york stock exchange. Reporter the market has entered a goldilocks window. The most Important Development is commodities have put in an intermediate term bottom. Iron ore has rallied dramatically in the last few days. This is positive implication for earning. Its good news for energy and material stock. They led the rally. Its also eased some of the worries the loans to banks have out to Energy Companies and its dramatically decrease worries about an out of control deflationary spiral. Its also helped greatly reduce the fears that some kind of global recession might be imminent. Thats led to a huge rally at emerging market economies with russia, brazil and south africa all up double digits in the last few days. The market has come to strongly anticipate that the