Following a torrid few weeks on global equity markets, a nice reversal appears to be playing out in the US as Feb minutes suggest interest rates are likely to remain relatively low for an extended period. Global growth outlook remains weak, while US fundamentals are picking up.
Bullish reversal on the SPX after last nights Fed minutes. US fundamentals remain positive, while global outlook weak pic.twitter.com/bTrK55FTYH
— IJG Research (@ijg_research) October 9, 2014