As tipped by the knee-jerk reaction in EURUSD and EURJPY, the “market-friendly” outcome from the first round of the French elections looks to have set the stage for a decidedly risk-on- 45 more words
Tags » S&P 500
With standard valuation metrics betraying a market that’s stretched to the breaking point, it’s incumbent upon analysts to find new ways to explain how equities can continue to rise from here. 846 more words
After a one-week holiday hiatus, Goldman’s David Kostin and crew are back with their weekly “US Kickstart” note in which the bank details conversations they’ve been having with clients. 954 more words
Anyone remember the chart in the right pane below?
You’ll note there’s something particularly unnerving (well, if you’re long it’s unnerving, if you’re on the sidelines it’s pretty funny) there. 653 more words