Barclays Provides Lift to Enquiries
Global equities have continued their run higher to start the week and we have yet to see the day of profit-taking that almost everyone has expected to materialize after last week’s run of successive gains. Though the weekend’s G20 meeting failed to deliver any material developments, the week is off to a positive start as it relates to risk acceptance, largely as a result of the fact that Barclays has reported that it is in the midst of a profitable quarter. Because it was a similar message from Citigroup last week that produced a turn in equity markets, those with long equity positions are now hoping to string together a few more days in the black. Read Full Article »
