On that front, the benchmark 10-year U.S. Expectations of higher rates are typically accompanied by a drop in bond prices. has also been very strong."If growth is strong, why sell stocks? Within the strong global growth story, the part that's spooking markets now is signals that inflation will rise - that could increase the pressure on central banks to hike interest rates at a quicker pace. or Europe or Asian markets, it's very strong. "If you look at economic data coming out of U.S. ![]() Given that markets have rallied for most of last year, the current slide in share prices is merely a much-awaited dip in a long-running climb, they added."Nothing has changed fundamentally," Suresh Tantia, investment strategist at Credit Suisse, told CNBC on Tuesday. Major money managers, however, sought to calm investors because fundamentals underpinning strong global growth persist. SPX) - erased their gains for the year, leading slumps in Europe and Asia. ![]() indexes - the Dow Jones Industrial Average (Dow Jones Global Indexes. The weakness in stocks over the last few days was triggered by fears that interest rates could climb faster than expected. The ongoing widespread sell-off in global markets may lead some to question that narrative, but it's a story that still rings true underneath the sea of red, analysts and investors said. It wasn't that long ago that the prediction of a lasting "synchronized global growth" was made.
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