61. Markets Long-term interest rates rose to their highest level since just after Clinton was elected. 62. Markets rose and trading volume soared in the first half, particularly in Switzerland. 63. MARKETS Long-term interest rates rose to their highest levels in more than two years on fresh evidence of economic strength. 64. Markets will rise and markets will fall. 65. Most European bond markets rose as declining gold and oil prices curbed concern higher inflation rates are looming. 66. Much of this year, as a result the market has risen on such conservative industries as utilities, energy and financial companies. 67. Next week, many investors expect the market to rise further. 68. Not surprisingly, the bull market rose briskly in the face of such extreme pessimism. 69. Now that the market is rising, fund managers who had sold banks short or underweighted banks in their portfolios are anxious to buy them before prices soar. 70. On the other hand, increasing volatility as the market is still rising can lull investors. |