Wall Street's Risk Binge Expands to Even Unloved Assets After Global Policy Easing [Yahoo! Finance]
SOCIETE GENL FRNCE S/ADR (SCGLY)
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Source: Yahoo! Finance
Most Read from Bloomberg Fueled by the latest “Goldilocks” economic data, once-unloved market pockets are rallying anew in the aftermath of the Federal Reserve's dovish pivot. At the same time, the rest of the world is beginning to join the policy-easing party, from China to Europe. Among the latest assets to jump higher this week: Once-berated emerging-market equities, companies acutely sensitive to the economic cycle, and speculative technology bets that win big during falling interest-rate regimes. Thank the latest raft of benign data showing good times for Corporate America and a still-healthy consumer, even as the Fed is just starting to administer its monetary medicine. As such, bears are getting crushed day in, day out. And life is getting harder for investors who failed to go all-in on equities, as dip-buying opportunities vanish. One way of dissecting the risk-on bonanza up and down Wall Street is to look at the daily motion of markets. A Societe Generale SA index
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