Rising commodity prices, he believes, cannot sustainably derail the bullish market momentum
Stocks in Asia, Europe and Wall Street futures all made gains, setting them on a recovery course after Chinese regulatory worries triggered a sell-off last week.
Riskier currencies, including the Aussie, Norwegian crown and the Canadian dollar were among the major beneficiaries of a weaker dollar in quiet London trading, rising more than 0.5% each
Michael Burry, whose huge, wildly profitable bets against the housing bubble were made famous in "The Big Short," is wagering that long-term US Treasuries will fall.
The Dow Jones Industrial Average ended up 0.65%, while the S&P 500 gained 0.81% and the Nasdaq Composite added 1.19%
Arun Srinivasan, senior executive vice president and head of fixed income, ICICI Prudential Life Insurance says 10-year G-sec benchmark may inch closer to 6.40-6.45 per cent by 2021 end
The major risk to Indian equities, according to him, is the arrival of a new Covid variant, which he says the country shares with the rest of the world.
The 30-share Sensex index declined 300 points, or 0.4 per cent, and closed at 55,329 levels on Friday while the Nifty50 index slipped ended at 16,451 levels, down 118 points or 0.7 per cent
STOXX 600 falls to two-week low; defensive utilities among smallest decliners
Spot gold fell 0.5% to $1,779.52 per ounce by 0640 GMT
As Jerome Powell nears the end of his term as Federal Reserve chair, Yellen is getting another chance to shape the future of the central bank.
It appears that the Fed is deviating from monetary-policy rules. But history tells us that it cannot continue indefinitely
Global shares hit record highs Wednesday after data showed US consumer price increases slowed in July, easing concerns that the Federal Reserve will imminently signal a scaling back of bond purchases
The dollar also scaled a four-month high versus the euro as investors looked ahead to U.S. inflation numbers on Wednesday
The Indian rupee weakened on Tuesday to its lowest level in almost two weeks, in line with other Asian currencies
The 10-year Treasury yield rose to as high as 1.336% in London trade, its highest in more than three weeks.
Spot gold fell 1.1% to $1,744.25 per ounce by 0616 GMT.
A positive jobs report spurred Wall Street to push some stocks and Treasuries higher on Friday, but investor optimism was tempered by looming inflation, declining Federal Reserve stimulus
US stocks and oil prices rebounded as unemployment claims declined and the trade deficit widened, positive economic data in the face of rising Covid-19 cases and signals of declining Fed stimulus
The MSCI world shares index was steady at 729.68, versus a record peak of 731.88 hit in the previous session.