While value as style has indeed done better as recession fears have faded, maintaining the rally will require value companies to demonstrate some improvement in depressed earnings and historically low profitability. (blackrockblog.com)
However, those concerns were mollified as Canadian data did not show deterioration early in the quarter, oil prices stabilized and U.S. recession fears diminished. (blackrockblog.com)
Last week, the Danish central bank cut interest rates to a record low for the third time in 10 days, while Russian policymakers reduced the central bank's main interest rate amid mounting recession fears. (cnbc.com)