AUTHOR
Mick Weinstein
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U.S. markets are on the rise Friday following the latest agreement to help fix the troubled euro zone.
New Fed Chair Kevin Warsh is already reshaping policy communication by reducing forward guidance, questioning the dot plot’s future and emphasizing real-time data, potentially increasing Treasury market volatility.
Market pessimism is at its lowest point since August 2010, based on the latest from AAII. That could help the S&P 500 possibly make a run at year highs.
Global stock markets have become more concentrated—but not in every way. In recent years, a few high-profile technology companies have dominated the returns of both US and global stock indices.