Market participants appear to be tentatively pricing in a broad economic rebound as countries across the globe begin to scale back some lockdown restrictions.
People are walking by the New York Stock Exchange building during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020.Analysts at Goldman Sachs, Bank of America and Barclays all believe that a sharp rotation into cyclical and value stocks could continue in the short term.
Analysts at Goldman Sachs, led by global strategist Peter Oppenheimer, believe markets have moved into a "second phase" in recent weeks. "Historical experience suggests that this current rotation could continue in the short term," analysts at Goldman Sachs said, noting that there have been 15 periods when cyclicals have outperformed so-called defensive sectors over the last decade.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
It doesn't. This is what cashing out looks like. Jack the price, divest.
As long as the government keeps pumping money into the market... it won’t.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks set to gain after recovery hopes push Wall Street higherAsian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude supply cuts were likely to keep oil prices under pressure. $BABA, $NTES, $HUYA, $KC Guys you lack excuses for the continuing bull rally. It's like ''the market is up because the sun was shining today''
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street 2021 oil price outlook, energy stocks to buy now - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That was a Russian plot to help trump get enrichment, I believe... They manipulated the the markets. Trump had some shell company make the trades. Now look, oil prices are coming back up as if by magic. diegocervantesb interesante no?
Source: BusinessInsider - 🏆 729. / 51 Read more »
European stocks open lower after strong rally last weekEuropean stocks slipped at the open on Monday, reversing after a huge rally last week. The German DAX undefined fell 1.1% and the U.K. FTSE 100 undefined...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks in Europe drop as traders search for new catalyst after big rallyEuropean stocks declined on Tuesday as traders look for a new catalyst after the big rally from the depths of March. Have you seen the past week!! Can we be more positive
Source: MarketWatch - 🏆 3. / 97 Read more »
Once bitten, not shy: Investors again seek margin loans as stocks rallyGlobal banks are seeing renewed appetite from wealth management clients to borrow money to buy stocks as markets rebound, bankers said, which comes just months after the strategy burned some investors. waiting for the 2nd crash, plz buy stocks guys. ChristineEliaz Like rats fleeing a quarantined port for the promise of a new conquest. Those that forget History are usually very greedy.
Source: Reuters - 🏆 2. / 97 Read more »
S&P 500 erases its loss for the year as stocks rally on reopening optimismStocks rose broadly on Monday as traders grew more optimistic about the prospects of an economic recovery while states continue to reopen. Craziest market ever 🤯 👍🏻👍🏻
Source: CNBC - 🏆 12. / 72 Read more »