As so often with markets, it may be time to get a bit anxious when all around see nothing but blue skies.
The picture outside the United States may be patchier, but stocks in Europe or Japan are cheaper too and the economic growth nadir in both areas may already have passed. European rates may even start falling before U.S. equivalents. Reflected in those stellar gains, the hand-wringing of the early part of the new year seems to have stopped completely.
“We’ve been tempted for the best part of four weeks to reduce at the margin equity risk and hedge,” he said. “We refrained from doing do so so far, but if you were to force me to add or reduce equities I’d be tempted to slightly reduce.”
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: