European Central Bank (ECB) Governing Council member and Dutch central bank Governor Klaas Knot said Sunday, the ongoing rally in stock markets can be attributed to the growing expectations of economic recovery. Key quotes “We definitely see high valuations.” “Stock markets could be pre-empting the rollout of vaccines and the reopening of economies. We might be entering the roaring twenties, we don’t know.” “Also interest rates are low, which is important for stock valuations and leads to higher stock prices.” “If this becomes a race between individuals and professional investors, it is clear who will suffer in the end: the small investor.” “2021 will likely have two faces. Vaccinations offer the perspective of a way out of this crisis and a much better second half of the year.” Related reads EU’s Von der Leyen: AstraZeneca to deliver 9 million more vaccine doses ECB’s Lane: Buying stocks, bank bonds not in toolbox FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Physical silver is almost all gone – SD Bullion FX Street 1 year European Central Bank (ECB) Governing Council member and Dutch central bank Governor Klaas Knot said Sunday, the ongoing rally in stock markets can be attributed to the growing expectations of economic recovery. Key quotes “We definitely see high valuations.” “Stock markets could be pre-empting the rollout of vaccines and the reopening of economies. We might be entering the roaring twenties, we don’t know.” “Also interest rates are low, which is important for stock valuations and leads to higher stock prices.” “If this becomes a race between individuals and professional investors, it is clear who will suffer in the end: the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
