Daily Snapshot

Daily Snapshot – 18 January 2024

Was it just me or did the market felt much more sure about yesterday’s sell-off than it did about today’s rally? It was a late rally in Hong Kong and Chinese equities that seemed to set things on the path higher today but it probably can’t be classified as anything more than a little bounce after the week that we’ve had. No real signs of panic yesterday and given the S&P 500 and Nasdaq 100 started the day just 1.7% and 1.4% respectively off all-time highs it’s probably the reason why investors…

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