Time to buy stocks again, market mavens say squib

The $2 trillion U.S. fiscal stimulus package proceeding through Congress has triggered big gains in global stocks, sending investors rushing to dust-off models from the 2008 financial crisis to gauge the right time to buy. World stocks <.miwd00000pus> have risen nearly 8% so far this week and were on track for their best weekly gain since December 2011. Spotting an inflection point is not easy when the coronavirus is still spreading rapidly across Europe and the United States, but BlackRock and Credit Suisse said on Thursday they had turned slightly bullish on risk assets.
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