Are We At The End Of The Global Market Rally?
The end of month closes across asset classes could be the most important since March 2009, when a clear reversal pattern prompted us to turn bullish towards equities. This time, a weak close would suggest an end to the rally of the past 10 months, with the potential for some significant medium-term downside for equities and commodities alike. With US Q4 GDP data now out, Mark Schaltuper speaks to BMI’s Global Economist Tim Cooper about the outlook for global markets over the coming months.
