“The good feeling has carried over into Europe, and it may well be that the period of consolidation and modest declines has come to an end,” Beauchamp continued. If the move in oil and equities can be sustained, there is a good chance that bulls will run with this theme far into April and beyond, and perhaps we’ll also start to see real inflows to equity funds, so far the missing piece in the puzzle.”
Investors will be able to glean further insight into the health of the US economy this afternoon when private payroll figures are released and then on Friday when the latest non-farm payroll number comes out.
