Has the market turned? Recent weeks have seen a marked upturn, especially among small and mid-cap stocks and the relevant indices:
It’s too soon to be certain, but I think there are reasons for optimism. I also think it's fair to say that a reasonable amount of bad news has been priced into the valuations of many companies, creating some tempting valuations.
At a macro level, the news also seems to be less bad than feared, if not exactly sparkling.
Inflation is falling in the UK and elsewhere. Читать дальше...