This year's 'bull market' now looks like a bear rally

  • 📰 axios
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Brasil Notícia Notícia

This year's 'bull market' now looks like a bear rally
Brasil Últimas Notícias,Brasil Manchetes

It was fun while it lasted.

The latest:That's not terrible, as the average annual gain for the index is 7.4% going back to 1929.

That was before a series of strong reports on the economy and slightly high readings on inflation sent yields on 10-year Treasury notes up by nearly 1 percentage point.Right now, it seems likely the surge in stocks earlier this year will be revealed as one of the periodic rallies bear markets are known for — rather than the start of a bull run.Share on linkedin

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

axios /  🏆 302. in BR
 

Brasil Últimas Notícias, Brasil Manchetes