Analysis
Why US equity investors may yet have the last laugh
Michael MackenzieEquity investors are renowned for their optimism, or what a curmudgeonly bond trader would view as a combination of ignorance and confidence.
Major government bond and equity markets reflect contrasting outlooks for the world economy. The rebound in equities, credit and commodities such as oil, suggests a reassurance that growth will overcome a soft patch and gain altitude later this year.
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Financial Times
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