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Investors in Asia kicked off the week in an upbeat mood, with most major equity indices trading in positive territory. The upside momentum seems to be a continuation from Friday’s Wall Street session which saw the S&P 500 adding 1.7% and the Nasdaq Composite erasing all losses for the year following a 37.5% rally from its March trough.Charts of US major indices are already reflecting a V-shaped recovery with the Nasdaq Composite only 7.9% short of its record high and the S&P 500 15.8% below its peak.For many investors, the divergence between Wall Street and Main Street does... Read More
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