Risky assets look weary despite upbeat signs
Stock markets, in general, again logged gains last week as pundits perceived economic data to be better than expected. But the recovery path is not home and dry yet, as shown by declines in crude oil, a number of emerging stock market indices, small cap indices and high-yield corporate bonds. All said, risky assets displayed some fatigue despite positive economic reports.
Caution remained over the robustness of any economic upswing, as reflected by the solid performance of government bonds, with safe-haven currencies such as the US greenback and the Japanese yen also edging up.
Read more about this, together with some thought-provoking news items and quotes from market commentators during the past week, in the weekly “Words from the Wise” review.
- Traders Unscripted: Ashraf Laidi in "Meet the Masters" Series
- AfraidToTrade.com's Corey Rosenbloom Webcast: Inter-Market Relationships - Stocks, Bonds, Rates, Currency, Commodities
- FINZ Futures EP.6: What are Tick Charts and Why Use Them?
- Chart Attack Ep. 2: Long Father's Day, WFC, RIG, AA, VNO, & Tony Soprano
- Trader Chat: Interview with David Aferiat of Trade-Ideas.com
