Too much liquidity

Asia stocks hold at highs, sustained by bottomless stimulus

* Treasuries rally on surprisingly soft CPI, dovish Powell. * Oil eases after longest winning streak in two years. SYDNEY, Feb 11 - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, while bulls were sustained by the promise of endless free money after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.Adding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.MSCI's broadest ind
Asia stocks hold at highs, sustained by bottomless stimulus

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  • pausmiling
    ·2021-02-11
    rise most of this year?
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