By Jan-Patrick Bartner and Michael Msika, Bloomberg Markets Live reporters and strategists
Stock market bears are on the verge of disappearing, as gauges of sentiment, positioning and volatility are sending increasingly exuberant signals.
US markets are making fresh record highs for a start. While Europe is lagging and French equities are suffering from political instability, there is still broad buying pressure. That’s driven up Germany’s DAX — the exposure of choice in Europe — by 19% this year, and the index is ending 2024 on a roll. Most benchmarks on the continent have bounced in recent days, despite the turmoil in Paris.
