The Equity Strategist: Equities looking at a solid rebound
After a rough patch for global stocks, key U.S. indexes turned on friday and the momentum continues into monday in Europe and Asia. All good signs, says Lars Møller Pedersen. He believes we could be looking at a rebound in stocks lasting for days, maybe the full coming week.
He is not all that worried about rising geopolitical tensions in Gaza, Ukraine and Iraq. The markets will more look to some key industry numbers coming out of the U.S and Germany.