Market Watch

Is there too much optimism in the markets?

Stocks continue to track upwards, but investors might be headed for a beating

Shoppers at a supermarket in Alhambra, California, on July 2022. The US economy is already in a technical recession. PHOTO: AFP
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SINGAPORE - In the 1960s-themed movie Teen Beach Movie, the theme song Cruisin' For A Bruisin' urges you to run away and avoid harm.

Given how the market has been climbing a wall of worry over the past month, one has to wonder whether investors are cruising for a bruising.

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