, Columnist
Goldilocks Markets Should Brace for a Testing Week
The inflation porridge may seem a little hot, while progress in fighting the pandemic isn’t uniformly positive.
What could upset the perfect world of near-record stocks?
Photographer: Gleb Tarro/Moment Mobile/Getty Images
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Things could scarcely be better. That at least is the only sensible judgment to reach from the performance of stock markets around the world. In the U.S., the equal-weighted S&P 500 continues to surge to new highs, while the Nasdaq-100, representing the modern Titans of the tech industry, has risen by some 500% since the pre-global financial crisis peak, which came on the ominous date of Halloween 2007: