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Stock exchanges, watch out for the “window dressing” effect at the end of the semester

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Professional investors practice portfolio beautification. The most “talked about” titles may have the greatest swings

by Vito Lops

We are approaching the end of the month, of the quarter and, at the same time, of the first half of 2021. It will certainly be remembered for the new records of Wall Street, for the good performance of the European stock exchanges which in some cases (Dax) have registered new highs, in others (such as Eurostoxx 50 and Ftse Mib in Milan) have returned to levels they had not seen since 2008. And he will also be remembered for the change of pace announced by the Federal Reserve which in the meeting in mid-June opened with two rises. ..

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