Good news of China’s exports and the US’s wholesale inventories are green shoots that the global economy is recovering and strengthening. This has led to risk appetite and rallied stocks, and oil.
Of course, this recovery and strength may be dependent upon the artificially low interest rates and stimulus. Longer term, it is yet to be determined if the recovery and strength can hold when rates are raised. March 10 (Bloomberg) — Stocks rose, erasing the 2010 […]