Via Credit Suisse:
We think we are entering the 2nd Phase of the Bull Market for risky assets given:
1) Global growth is bottoming out from the summer slowdown and is poised to move higher over the next few months;
2) The Fed policy regime is likely to be very accomodative for an extended period of time and
3) The eventual recovery in the services economy will add duration to economic growth beyond the typical short and violent Industrial Production bounce.
Did you have a comment or question about this post, finance, economics or your love life? Feel free to use the discussion forum here to continue the discussion.*
*We take no responsibility for bad relationship advice.