The Madness Of Markets Disconnects From Reality!

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. Markets seem to be in self-reinforcing feedback loop, with the MSCI Global Index up another 2.38% over the past week, while the All Asia Ex Japan rose 6.68% for the week and 2.11% on Friday and even the European STOXX 600 was higher, though did ease back on Friday. In contrast, Australia’s ASX 200 fell 1.5% on Friday to be flat this week, after the Reserve Bank hiked interest rates by 25 […]