On the Spot: Market Confidence Grows
The last month of the year has started, and certainly, there is a chill in the air in London, not on Wall Street, where stock markets had an excellent week. Indeed, US stocks had the second-best November since the 1980s. With interest rates seemingly at their peak in the US, traders' appetite for risk has returned with a vengeance, and all looks good for 2024 and beyond.