Traders work on the floor of the New York Stock Exchange on February 26. After a distressingly bearish end to 2018, 2019 has started with a surprisingly strong rally. Photo: EPA-EFE
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Global equities’ sudden surge follows a steep December drop-off, and both are overreactions

  • Don’t count on 2019’s across-the-board rally in equities to last – the rebound has been driven by temporary optimism over trade talks and a less hawkish Fed

TOP PICKS

Traders work on the floor of the New York Stock Exchange on February 26. After a distressingly bearish end to 2018, 2019 has started with a surprisingly strong rally. Photo: EPA-EFE
READ FULL ARTICLE