Goldman strategists warn stocks yet to make 'decisive' low - BNN Bloomberg

The MSCI All Country World Index is falling for a ninth day Wednesday, the longest losing stretch since 2011 -- a period when the burden of public debt threw the euro-area’s viability into question, rattling investors.

“Its duration and magnitude were not unusual relative to the experience of previous decades,” the strategists wrote in a note. “We expect further weakness and bumpy markets before a decisive trough is established.” “The short term is bearish and in September and October is when you usually get markets going down sharply,” Chris Wood, global head of equity strategy for Jefferies LLC, said on Bloomberg Television.

For now, caution appears to be the watchword: dollar strength coursed through global markets on Wednesday, Treasury yields held a surge on expectations of a pugnacious Fed and an Asian share gauge slid to levels last seen in 2020.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Global stocks sink as Europe faces new squeeze on gas supplyGlobal stock markets sank Monday as Europe faced a new squeeze on Russian gas supplies.
Källa: CTVCalgary - 🏆 26. / 68 Läs mer »

G7 company emissions falling short of global climate goal, study showsCorporate emissions are overall on a 2.7 C warming trajectory, short of the Paris agreement’s goal of 2 C We didn’t vote on it. Don't really think it matters anymore Unrealistic goals…..that’s why
Källa: globeandmail - 🏆 5. / 92 Läs mer »