Bloomberg: Goldilocks Markets Should Brace for a Testing Week
Best of All Possible Worlds? Things could scarcely be better. That at least is the only sensible judgment to reach from the performance of stock markets around the world. In the U.S. the equal-weighted S&P 500 continues to surge to new highs, while the Nasdaq-100, representing the modern Titans of the tech industry, has risen by some 500% since the pre-global financial crisis peak, which came on the ominous date of Halloween 2007: Even European stocks are showing rude signs of life. The contrast with the U.S. since 2007 is excruciating from a European perspective. In dollar terms, the main E...
Source: mrtopstep.com