DIA - Have Investors Shifted Market Sentiment Too Quickly?
Markets have bounced back from December's selloff. Russ discusses whether investors have shifted sentiment too quickly.
As every fan of horror movies knows, the best way to elicit screams is to lull the audience into a false sense of security. It's when everyone has relaxed, thinking the worst has past, that the real fright occurs.
Since bottoming in late December, global equity markets have rallied more than 10% in dollar terms and market volatility has been cut in half. This raises the question: Have investors gone from panic to complacency too quickly? A few observations: