This year’s rally bears an ‘eerie resemblance’ to last summer’s headfake: Morning Brief

This year’s rally bears an ‘eerie resemblance’ to last summer’s headfake: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Friday, January 27, 2023

Today’s newsletter is by Alexandra Semenova, markets reporter at Yahoo Finance. Follow Alexandra on Twitter @alexandraandnyc. Read this and more market news on the go with the Yahoo Finance App.

It’s been “risk on” for investors in the first few weeks of 2023.

The Nasdaq has gained 9% after losing one third of its value…


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