As seasoned market watchers know, even the most moribund of felines can ricochet off the pavement. Indeed, the propensity for equities to stage brief — groundless — rebounds in a bear market was in full evidence last summer in the US. But the recent strong showing in European equities — with the Euro Stoxx 600 up about 10 per cent since August 2022 — could prove more durable.
正如经验丰富的市场观察者所知，即使是最奄奄一息的猫科动物也能从人行道上弹跳起来。事实上，美国股市去年夏天那场短暂的——毫无根据的——反弹苗头就充分证明了一点。但欧洲股市最近的强劲表现——自2022年8月以来，欧洲斯托克600指数上涨了约10%——可能会被证明更持久。
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