Morning Bid: Wall St ‘bull’, China deflation


Source: reuters.com reuters.com

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A look at the day ahead in U.S. and global markets from Mike Dolan As S&P500 stocks clock their highest close of the year, marking a technical 20% 'bull market' from October's low, disinflation signals around the world may help calm G3 central bankers meeting next week. Much like the winter euro zone recession that appears to come and go with each data revision, fondly-charted technical definitions may not mean a great deal in a still-distorted post-pandemic economic and financial landscape. But there's little doubt a combination of the AI-infused tech sector boom, impressive resilience in aggregate the earnings and...