Equity markets rally to new highs – but investors are not euphoric

US equity markets are greeting this week at lofty levels, having been driven higher and higher by the tech mega-caps, despite the recent rise in yields. Even European markets managed to close last week higher for the third time in a row. Are investors too euphoric? Mensur Pocinci, our Head of Technical Analysis, does not think so. Rather, he says, they were too pessimistic going into 2024.

00:00 Introduction by Helen Freer (Investment Writing)

00:27 Markets wrap-up by Roman Canziani (Head of Investment Writing)

06:26 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)

10:01 Closing remarks by Helen Freer (Investment Writing)

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