Here Are Five Tailwinds Set to Boost the Global Market Rally
- Equity managers forced to catch up, benign positioning
- Economic growth, tentative tax trade, limited credit supply
Tax-Fueled Multiple Expansion Drives Market, Says Winer
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Financial markets are dancing again to the risk-on beat, with the latest upswing in global manufacturing the latest reason to boogie.
With the threat of higher interest rates, geopolitical shocks, and rich valuations, for now, seemingly powerless to unhinge stocks and bonds from their bullish foundations, there could be even more pain in store for naysayers.