Home Businessuite News24 International Mounting Evidence Global Markets In Last Stage Of Rallies Before Downturn In Business Cycle
Mounting Evidence Global Markets In Last Stage Of Rallies Before Downturn In Business Cycle

Mounting Evidence Global Markets In Last Stage Of Rallies Before Downturn In Business Cycle

0
0

Analysts at Wall Street behemoths HSBC Holdings, Citigroup and Morgan Stanley are seeing mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle. The Analysts cite signals including the breakdown of long-standing relationships between stocks, bonds and commodities as well as investors ignoring valuation fundamentals and data. It all means stock and credit markets are at risk of a painful drop.BM

'