London — The fight between Goldilocks bets — on the not too hot, not too cold global economy — and market bears who have delivered some hefty blows in recent weeks, continued on Tuesday with little sign yet of a clear winner. Stocks see-sawed with solid gains in China and other Asian emerging markets offset by a tumble in Japan and then a red start for most of Europe’s bourses and Wall Street futures in New York. Tokyo’s 0.65% fall had been compounded as the yen hit a five-month high amid a renewed bout of dollar weakness that had also helped to lift bond and commodity markets after recent turbulence. Copper, one of industrial metals seen as a sensitive gauge of global economic health, climbed more than 1.3%, while Asia’s overnight gains kept MSCI’s 47-country world stocks index up 0.2% despite Europe’s subdued start. "As long as we don’t get dragged into [a US] recession, the market tends to recover quite quickly," said Donough Kilmurray, MD for the investment strategy group at Gol...
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