seeldoger47
Senior Member
- Joined
- Mar 10, 2012
- Messages
- 457
- Reaction score
- 71
Interesting, stocks continue to rally despite a week of disappointing economic data and not so great earnings. Does anyone here have a handle on these markets?
Edit (I usually don't like looking at sell side material but I stumbled upon this chart): as soon as I posted I saw this chart from Citi showing the issuance of various securities over the past decade. Numbers are well below precrisis levels, which coupled with the psychological 'floor' CBs' have put in various asset prices, could account for the continued upward pressure in risk assets.
Edit (I usually don't like looking at sell side material but I stumbled upon this chart): as soon as I posted I saw this chart from Citi showing the issuance of various securities over the past decade. Numbers are well below precrisis levels, which coupled with the psychological 'floor' CBs' have put in various asset prices, could account for the continued upward pressure in risk assets.
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