Weekly Comic: The Market Bulls Have a Lot to Be Thankful for This Year
Investing.com – World shares extended this year’s impressive rally to reach more new highs this week, as optimism about global growth and rising corporate profits lured hordes of investors into equities
Lifted by steady economic growth, supportive monetary policies and solid corporate earnings, global equities have rallied hard, with those in the , and scaling record heights recently, while climbed a 26-year peak.
The rally, which began after President Donald Trump’s shock election night victory last November, was fueled by hopes that he would bring in tax cuts, infrastructure spending and other pro-business measures.
But traders said the market has since lost some momentum. The question on everybody’s mind is when will the bull market finally come to an end.
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