Is this market recovery a ‘dead cat bounce’ ?
Markets (^DJI, ^IXIC, ^GSPC) have rebounded from last week’s global sell-off that drove major indexes into negative territory. Recent positive economic data and earnings reports have contributed to this market upswing. However, the question remains: Is this a genuine recovery or a temporary rally known as a “dead cat bounce”?
Yahoo Finance markets and data reporter Jared Blikre analyzes the current market dynamics, providing insights into whether this recovery is here to stay.
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