Why the crazy upward march in stock prices might just continue
Several things could get in the way of a market melt-up. But on a closer look, none seem all that formidable
IN A FAST-CHANGING world, the investment bankers of Wall Street and the City of London have clung to certain rituals. One of these is the annual “outlook”, which lays out the path the economy and financial markets might take over the coming year. These hefty documents start to appear in inboxes a few weeks before the year’s end.
This article appeared in the Finance & economics section of the print edition under the headline “Melting up”
Finance & economics January 9th 2021
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From the January 9th 2021 edition
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