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Is “Trump Rally” Over? World Stock Markets Trying To Recover
(Kitco News) – Global stock markets were mostly firmer Tuesday, on corrective bounces from recent selling pressure. Traders and investors are debating whether the recent downside pressure in stock markets is the end of the “Trump rally” that had been in place since the U.S. president was elected in November. Or, are the recent slides in stock indexes just normal corrective pullbacks in bull markets that still have more room to run?
Beneficiaries of the stock markets’ recent declines have been gold and U.S. Treasuries.
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