The rally in global equities may have further to go as more money jumps back into the market, BlackRock CEO Larry Fink said Tuesday.
In stock market terms, a melt-up is considered a big move in the markets that comes from investors trying to get in on a momentum shift. It also can be a sign of a late-stage bull market. Stocks benefited this year from apparent progress in U.S.-China trade talks and a recalibration of global monetary-policy expectations.
"Many people thought we were going to be in a period of rising rates. We were not and we saw huge underinvestment and people had to rush into fixed income," Fink said."We have not seen that in equities yet."
funny how banks are coming out to lure retails into buying the highs. Probably these banks have too much inventories from their role being the plunge protection team that they want to get rid of
Copper is a lead indicator. Follow copper religiously.
one day its a 'melt up' last week it was a 'melt down'....if there is no analytical way to make these claims then why scare the market?...and if there are analytical ways to make them then why do they differ from a crash to recessions to inflation to a boom on the upside? WTF
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