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Join Date:2020/5/21
Location: Chile
Posts:286
A Societe Generale study of bear markets since 1870 showed that the current bear-market rally is a departure from history. Andrew Lapthorne, the firm's head of quant strategy, concluded that investors are taking an early victory lap for the economy even after accounting for trillions in stimulus spending. He expects the stock market to end the year roughly 7% lower than current levels. Click here for more BI Prime stories.To get more news about WikiFX , you can visit wikifx news official website. April was the best month for stocks since 1987. But this stand-out performance is not being universally cheered on Wall Street. The S&P 500's 13% ascent last month can be traced back to its bottom on March 23 — the same day the Federal Reserve essentially pledged to do whatever it takes to support the economy during the coronavirus pandemic. Even with this stimulus in action, investors declared an early victory for an economy that must still crawl out of its worst contraction in many decades, according to Andrew Lapthorne, the head of quantitative strategy at Societe Generale. He drew this conclusion by studying a 150-year history of bear markets, defined as a 20% decline from recent highs. “Beware of the oddity in this bear rally,” Lapthorne said in a recent note to clients.
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MaryClayton
Join Date:2022/8/19
Location: United States of America
Posts:0
Zion Oil and Gas Ltd are founded in the year 2000. The company is performing its operations in Texas, United States. It holds ZNOG Stock with a current price of 0.23 US dollars. Its related markets include DJI, INX, RUT and much more. Hence, one can read related articles about this company on OTC Wiki.