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Katie Martin

The illusory appeal of bear market rallies

Central banks continue to dash the hopes of more optimistic equity investors.

Bear market rallies do not come draped in a banner saying “this is a bear market rally, please disregard”.

Instead, these head-fake moments of levity in otherwise gloomy stockmarket conditions are often hard to distinguish from the real thing.

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Financial Times

Katie Martin is the Financial Times' capital markets editor.

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    Original URL: https://www.afr.com/markets/equity-markets/the-illusory-appeal-of-bear-market-rallies-20221106-p5bvzy