The US market in August, which dramatically recovered from the chaos, teaches us the fragility of the consensus.
September 2, 2024, 1:04 JST (excerpt)
US government bonds and ETFs linked to stocks have both risen for four consecutive months - the longest since 2007.
The release of employment and manufacturing indicators this week will test the bullish development.
The start was rough. However, it has been four weeks since the most significant volatility since the outbreak of the new coronavirus, and the market in August has made a significant recovery.
The level of conviction has sharply increased across all assets. For example, U.S. bonds, corporate credit, and U.S. stocks have each seen a four-month consecutive increase in value, which is the longest rising trend since at least 2007.
US government bonds and ETFs linked to stocks have both risen for four consecutive months - the longest since 2007.
The release of employment and manufacturing indicators this week will test the bullish development.
The start was rough. However, it has been four weeks since the most significant volatility since the outbreak of the new coronavirus, and the market in August has made a significant recovery.
The level of conviction has sharply increased across all assets. For example, U.S. bonds, corporate credit, and U.S. stocks have each seen a four-month consecutive increase in value, which is the longest rising trend since at least 2007.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
