Markets Greet Light In Tunnel, But Is That A Train Coming?

This is our weekly market update, where we start in the US, cross to Europe and Asia and end in Australia, covering commodities and crypto along the way. Remarkably, the MSCI global index, which hit another high, is more than 50% higher than just 3 years ago. The European STOXX 600 is a mere 30% up over the same period, having gained new ground this week, while the Dow closed at a record high on Friday, as revived hopes for a September rate cut pushed Treasury yields lower and tech stocks higher after Federal Reserve Chair Jerome Powell signaled the […]