Bassanese Bites: Buy the fact – March 21 2022
Global markets
What a week! Despite the ongoing Ukraine war and a more hawkish than expected Fed meeting, global equities saw fit to surge in what I can only attribute to a ‘sell the rumour, buy the fact’ mentality. In other words, investors had been fearful leading up to the Fed meeting, with a relief rally (or at least short covering squeeze) taking place in its aftermath.