Global markets experience a 'rebound with a vengeance,' even as 'missiles are still flying and the strait remains blocked.'

On April 8, the Dow Jones Industrial Average surged 2.8% in a single day, while oil prices plummeted 16%, marking the largest decline since the pandemic. However, the sustainability of the rebound remains uncertain: the ceasefire only lasts for two weeks, and the flow of tankers through the Strait of Hormuz remains a 'key indicator.' Internal divisions have also emerged at Goldman Sachs—while strategists believe that 'a rebound is possible once the shock peaks,' the head of trading openly stated 'not to chase the rally' and took the opportunity to reduce positions.

wallstreetcnApr 9 09:09

Wall Street continues to be bullish on industrial stocks, and these 9 have more than 30% room for an average increase of more than 30%

After being hit hard in 2020, America's industry is now booming. Although industrial stocks have rebounded, investors don't need to worry about missing out on gains; Wall Street is still bullish on many industrial stocks.

巴倫週刊Aug 20, 2021 08:42