Dimon's Timing Looks Savvier by the Day as Equities Rebound
- MSCI All-Country World Index pulls within 1% of going positive
- Investors are glad for the rebound but wonder what's changed
Jamie Dimon.
Photographer: John Taggart/BloombergThis article is for subscribers only.
Even to hardened market veterans, the wild ride in stocks this year has been gut-wrenching.
Global equities delivered $8.6 trillion of losses through Feb. 11 as the MSCI All-Country World Index tumbled 12 percent. Talk of a global recession and powerless central banks could be heard from Tokyo to London to New York.