J.P. Morgan Global Market Strategist Kerry Craig says there has been a 'pretty strong run in equities' across the globe from the end of last year into this year.
'There's a bit of a Goldilocks scenario, where we see inflation fall, central bankers really step back from hiking rates and also no recession around the world,' he told Sky News Business Reporter Edward Boyd.
All that has happened is equities have regained the losses they experienced as inflation was making global headlines. They are just back to prices of around 12 months ago.
@windsong3wong828 Says:
Sell into strength as the USA mart is going sideway to down.
The USA housing mart is turning down, the tech mart and crypto is crashing.
The Fed gave $3 Trillion in helicopter monies during the pandemic and it needs to be reined back in.
Stay safe and defensive.
@dudedownunder585 Says:
Fakeout just before everythi g crashes and a new monetary reset and the roll out of digital currencies
@briananderson7285 Says:
Banks, gruberments and superannuation funds are not our friends.
@Design_no Says:
Remember, for every dollar gained in equities someone has lost it, just for you. Be thankful.
@Design_no Says:
True enough. Hopefully things will fall tomorrow.
@locustsandhoney486 Says:
Just not by australians. By bankers.
@rirrid5662 Says:
Correction there has been a 'strong run in inequities' since end of 2019 with the top 1% acquiring 2/3rd's of all new global wealth created.
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