{video} Global markets continue to be pulled in different directions by conflicting narratives. Rebounding economic data, encouraging headlines around a vaccine, and optimism that a tidal wave of stimulus will get the global economy back on its feet quickly are driving the bull case. The bears argue that a full recovery will take several years, some sectors could be scarred permanently, and fear that the latest resurgence in US infections might derail the reopening process and keep consumption down. For now, the bulls are winning this battle of narratives. The encouraging US employment report for June was the latest ... (full story)