Barclays says its speedy rally scenario is happening right now

[tsptalk]

Barclays says its speedy rally scenario is happening right now
PUBLISHED TUE, NOV 26 201910:44 AM ESTUPDATED AN HOUR AGO

KEY POINTS

Barclays Chief U.S. Equity Strategist Maneesh Deshpande writes that stronger industrial data and lower recession odds give him reason for optimism for 2020.

He wrote that his ”‘mini-bubble melt-up scenario’ appears to be materializing” due to stronger data and the fact that a recession doesn’t appear on the horizon.

“We are cautiously optimistic for a detente in the US-China Trade War, and monetary policy also remains accommodative around the globe,” he writes.

https://www.cnbc.com/2019/11/26/bar...k-market-forecast-sees-mini-bubble-gains.html