Well, That Was Fast. So Are the Bulls Back in Charge, Now?
- First full week of 2019 sees a resurgence in risk appetite
- S&P 500 in rare rapid rebound; leveraged loans erase December
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It’s the correction, corrected. The unshakable bull. Or the little sell-off that couldn’t.
The S&P 500 Index just posted a third consecutive week of gains -- the longest streak since August and the best performance since early 2016. And the resurgent equity gauge isn’t alone: Less than 10 days into the new trading year, a slew of major assets have combined to stage a comeback worthy of a Hollywood blockbuster.