Global stock markets have bounced upwards by almost 20 percent in the last six weeks.
This has been influenced by global hopes that central banks are slowing down rate hikes and that inflation has peaked and on a decline.
Sam Dickie from Fisher Funds says that this is a sign that the economy is recovering and working through the worst of inflation, but we're not out of the woods yet.
Sam Dickie also observed that another key factor in the markets recovering involves China's gradual easing of Covid-19 restrictions, which is inspiring hope in investors.
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