Stocks Reverse Stimulus Fueled Rallies
Stock markets were lower at the end of the week, reversing the strong stimulus fueled rallies seen previously, as investors took a step back and re-assessed the global economic situation in terms of its potential growth outlook. The result was a moderation of the optimism that was seen at the beginning of September, when the S&P 500 reached its highest trading levels since the all-time highs in 2007. Given that investors are beginning to overlook the previous confidence that resulted from central bank stimulus prospects, prices in equity markets are beginning to look vulnerable to substantial losses given that stock values have reached overbought territory. Read more…













