Bear market rally that won't last
Andy Xie, a former Morgan Stanley economist, writesa stunning column on a Chinese blog. In short, he believes the current rally in financial markets will be short-lived. Furthermore, he blames banks and central banks for a bullish bias. Well, I can agree with most of this: Market chatter over green shoots and rising prices has fueled a bear market rally that…
Bear market rally that won't last
Andy Xie, a former Morgan Stanley economist, writesa stunning column on a Chinese blog. In short, he believes the current rally in financial markets will be short-lived. Furthermore, he blames banks and central banks for a bullish bias. Well, I can agree with most of this: Market chatter over green shoots and rising prices has fueled a bear market rally that…
Bear market rally that won't last
Andy Xie, a former Morgan Stanley economist, writesa stunning column on a Chinese blog. In short, he believes the current rally in financial markets will be short-lived. Furthermore, he blames banks and central banks for a bullish bias. Well, I can agree with most of this: Market chatter over green shoots and rising prices has fueled a bear market rally that…
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