Investors decide the bull market is back

Despite the lack of any resolution to the US-China trade dispute, markets have suddenly decided that it is time to be bullish.

River Seine in Paris © iStockphotos

France is once again offering a yield on its ten-year bonds
(Image credit: River Seine in Paris © iStockphotos)

"The pendulum is swinging back", says Michael Mackenzie in the Financial Times. Investors have spent much of this year worrying that the US-China trade war would trigger a "hard landing" for the global economy. Yet though a trade resolution remains murky, markets have suddenly decided that it is time to be bullish. America's S&P 500 has now made five straight weeks of gains, its joint-longest winning streak for two years, notes Stan Choe for The Associated Press. The FTSE All-World index has gained more than 4% in the past month.

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.