Opinion
The illusory appeal of bear market rallies
Central banks continue to dash the hopes of more optimistic equity investors.
Katie MartinContributorBear 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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