Asia’s World-Beating Stock Rally Has Bulls Betting on More ...

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"The main theme in the market is that the global economy is steadily reopening like floodgates slowly lifting," Sebastien Galy, macro strategist at Nordea Asset Management said. Hopes of more stimulus are also running high after minutes of the European Central Bank's latest policy meeting suggested it was ready to expand its Pandemic Emergency ... “We have a heavy bias toward Asian equities,” said Sebastien Galy, senior macro strategist at Nordea Investment Funds SA, which oversees the equivalent of $255 billion in assets. “The market is deeply underestimating how bad it can get,” Sebastien Galy, a senior macro strategist at Nordea Asset Management, told MarketWatch. There’s a “60% chance that things go quite awry on the trade side,” and a 5% to 10% pullback for stocks is “quite likely.” Dow Speeds Toward 6th-Straight Loss The question is whether “Monday’s correction has more legs to it,” Sebastien Galy, senior macro strategist at Nordea Investment Funds wrote in a note to clients Monday. So-called value-at-risk gauges, along with the Vix measure of volatility in U.S. stocks “have moved significantly higher, forcing risk reductions across the board.” As Bitcoin's value continues its ridiculous climb, into the $600s and $700s on popular exchanges, a price forecasting analyst states the obvious, "This is a classic speculative bubble." Based on ...

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Whats going on with the Ethereum blockchain?

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