This week is a critical one for the stock market. To set the scene markets have rallied strongly since the start of the new year in particular European and Asian markets as inflation and economic pressure have eased in Europe and as China reopens from COVID. This has helped to boost risk appetite across international markets to the extent that on many measures risk appetite is now hitting its high level its highs of the past 10 to 15 years suggesting that investors are becoming complacent.
This complacency is also evident elsewhere in the low level of market volatility and also in the performance of ‘meme’ stocks. It’s a critical week because not only do we have earnings from some of the biggest companies in the world such as Apple and Amazon
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