Morning Bid: A quarter for the ages – Reuters.com
- Date: 31-Mar-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Morning Bid: A quarter for the ages – Reuters.com
A look at the day ahead in markets from Saikat Chatterjee.
Whether you are a macro-guru or an astute stock picker, this is a quarter that most investors would like to forget.
Most consensus trades coming into 2022 including long value stocks, yield curve steepeners and buying euros have been crushed. Not only world stocks have witnessed the most gut-wrenching volatility in years, the first three months of the year has fuelled the strongest commodities rally since World War I and the fastest rise in global interest rates in decades.
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