Markets am: Asia stocks rally on Yellen’s Fed defence, Fed conti...

 
 
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Friday November 15 2013
 
 
Markets
 
Asia stocks rally on Yellen's Fed defence
 
Equities respond to prospect of continued US liquidity support as Federal Reserve chair nominee Janet Yellen delivers dovish comments at her confirmation hearing
 
 
 
Fed continues to support market melt up
 
The message of "keep calm and carry on" from Dr Yellen not only helped push equities higher it also bolstered long term Treasury yields
 
 
Partnership warning sends chilling message
 
Arrival of Partnership Assurance and Just Retirement woke up traditional annuity providers to their business model. Both stocks now sit below IPO prices
 
 
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Video
 
Shares riding high – can it last?
 

The wider market is not being driven by extreme valuations of a fashionable sector, but by a broad-based rally that is the second-most inclusive of the past 30 years. James Mackintosh, investment editor, explores what is driving valuations.

 
 
 
 
 
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