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Of course, markets being as fickle as they are there could soon be a switch in sentiment and a return of rate-hike fearing investors.
In his report, Mr. Jilek argued that foreign demand for American stocks played a crucial role in the second half of the 1990's -- and that a switch in sentiment could hurt.
He points out many small companies have doubled, tripled or even quadrupled in price in recent weeks, on a switch in sentiment rather than due to concrete good news - although many have still to get back to previous peaks.
Similar(56)
"But clearly there is a shift in sentiment.
Thus, a switch in terminology.
("A Switch in Mid-Race," Oct. 20).
He's got a great ability to be able to switch in, switch out, switch in, switch out.
However, Germany is slowly witnessing a change in sentiment.
But it's certainly not a change in sentiment.
This represents a sea change in sentiment.
"It is a complete switch in mindset.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com