- Reuters
Global stocks fatigued from bull run, but no correction expected: Reuters poll
The global equity bull run is showing signs of fatigue, with most major stock indexes not expected to repeat last year's stellar performance, according to a Reuters poll of stock analysts who also said a near-term correction was unlikely. With financial markets paring back 2024 rate cut expectations from major central banks and most stock indexes already trading close to lifetime highs, further gains were expected to come at a much slower pace. "The significant gains seen in many stock markets over the last few months have made our portfolio managers a little more cautious on the outlook...Fading prospects for interest rate cuts, such an important driver of the market rally, also give us further pause for thought," said Paul Quinsee, head of global equities at JP Morgan Asset Management.
- The Telegraph
Woke comedy is nothing to laugh at
In a long interview in the Guardian, Stephen Merchant has addressed concerns about cancel culture in comedy, targeting “the extreme left and PC crap and people worrying so much about offending other people.”
- The Yodel
'Buy now, pay later' customers get legal protections, Uvalde parents settle with the city and the Mavericks’ opening win
Get caught up on this morning’s news: New rules for “buy now, pay later,” a big marijuana study and more in today’s edition of The Yodel newsletter
