As seasoned market watchers know, even the most moribund of felines can ricochet off the pavement. Indeed, the propensity for equities to stage brief — groundless — rebounds in a bear market was in full evidence last summer in the US. But the recent strong showing in European equities — with the Euro Stoxx 600 up about 10 per cent since August 2022 — could prove more durable.
正如經驗豐富的市場觀察者所知，即使是最奄奄一息的貓科動物也能從人行道上彈跳起來。事實上，美國股市去年夏天那場短暫的——毫無根據的——反彈苗頭就充分證明了一點。但歐洲股市最近的強勁表現——自2022年8月以來，歐洲斯托克600指數上漲了約10%——可能會被證明更持久。
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