“The market wants to go up, is well-designed but never to stay burned euphoria of recent days.” And ‘This is the summary message that launches Simone Chelini of Comit Asset Management, which also focuses on the macroeconomic situation and the U.S. Fed’s next move “All we expect a cut in borrowing costs by another 100 basis points between now and year end and therefore a stronger recovery in equity markets, but that will depend very much on the timing Greenspan. Chelini also points to a strong recovery from the 2nd quarter.

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