21 November 2018
Weekly Insights From The FNArena News Desk 20/11/18
“If it Looks like a Bear and Trades Like a Bear, Stop Trading it Like a Bull.”
(Morgan Stanley strategists in a recent market update)
It may take a while yet before the general commentariat is willing to accept that dynamics for global equities have now irrevocably changed. However, on my observation, today’s equity markets are increasingly showcasing the main characteristics of a bear market.
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