QCP Capital: Risk Assets Ready for Rebound, Positive Medium-Term Outlook Continues

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by
Alisa Davidson

Published: October 09, 2024 at 9:41 am Updated: October 09, 2024 at 9:41 am

by Ana

Edited and fact-checked:
October 09, 2024 at 9:41 am

In Brief

QCP Capital notes that the US stock market continues its ascent, reinforcing the belief that risk assets may be on the verge of a rebound.

QCP Capital: Risk Assets Poised For Rebound, Medium-Term Outlook Remains Bullish

Singapore-based cryptocurrency trading firm QCP Capital released its latest market analysis, indicating that Chinese stocks continue to decline today following a disappointing press conference from state planners yesterday. The China A50 Index has dropped another 7% today and is down 17% from recent highs. Additionall…

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