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Sunday, July 26, 2020

Investor anxiety turns to greed, driving risky market 'melt-up'


Investor anxiety turns to greed, driving risky market 'melt-up'



Some analysts see recent signs of a "melt-up" in which investors are buying things simply because they are rising, with little regard for economic fundamentals or the mixed signals sent by assets including stocks and bonds rising together.

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf