Simon Thompson 

Bull market pointers

Simon Thompson

Simon Thompson
Bull market pointers

Three months ago, I highlighted a raft of reasons why the V-shaped equity market recovery is based on sound fundamentals following the shortest bear market in history (Bull market rules’, 8 June 2020). That’s still the case, which is why the MSCI World All-Country index has risen by 7.8 per cent in the past 12 weeks and is making all-time highs, a reflection that the unprecedented quantitative easing (QE) programmes of the world’s major central banks, combined with huge government fiscal stimulus, is having the desired positive effect as investors’ position themselves for a strong economic recovery.

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