Are Strong 2023 Gains a New Bull or Just a Bear-Market Rally in Disguise?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Stocks Analysis by James Picerno covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read James Picerno's latest article on Investing.com

continues to post a high return when set against historical calendar-year results. Encouraging, but it’s still premature to dismiss the view that the market remains in a bear-market rally.

As investors weigh the risk-free return in government bonds against the higher but far more volatile and uncertain ex-ante performance in equities, the case has strengthened for trimming equity allocations. Meanwhile, there’s fresh support for thinking that the end of the rate hikes by the Federal Reserve has arrived. Fed funds futures, for instance, are pricing in a path over the next several meetings that leaves the current 5.25%-to-5.50% target rate unchanged.Offsetting the optimism is the Israel-Hamas conflict, along with the continuing uncertainty linked to the war in Ukraine.

One reason for adopting a relatively neutral stance on the equity risk outlook: trend activity looks middling at the moment, based on CapitalSpectator.com’s Sentiment Momentum Index.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين