Further to run for global stocks, but trade salve needed: Reuters poll

BENGALURU - The global stock market rally has further to run in 2020, according to analysts, brokers and strategists polled by Reuters, but much depends on U.S. and Chinese officials making real progress in stopping a disruptive trade war.

The turnaround in expectations coincides with a new buoyancy in most equity markets. Fears that the global economy might slip into recession, which the government bond market has been suggesting on and off in 2019 is an imminent risk in the United States, appear to have been alleviated in recent weeks.

A lot of recent optimism has stemmed from speculation U.S. and China trade officials are close to agreeing a way forward, despite the fact nothing substantial has been reported, let alone when or where leaders will next formally meet to discuss a resolution. In the meantime, major central banks have cut interest rates and the European Central Bank has resumed its asset-purchase program, flooding capital markets with cash. But most developed and emerging economies are growing below potential and consumer price inflation remains quiescent for the most part.

But that strong performance seems to be coming to an end, according to the latest poll. Even the top performing indices for the year, which have risen 25% or more, including the S&P 500Taken together with the sharp rise in investing in index-tracking funds over the past decade, the latest poll results suggest many investors should brace themselves for limited returns next year.

While stocks in advanced economies have led the rally this year, they are now expected to take a back seat and make way for emerging markets, which are forecast to outperform over the next 12 months.

Follow investor_mullin I teach how to earn $100 daily

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks to keep climbing in 2020 but growth well below this year's: Reuters pollU.S. stocks will keep rising in 2020 but at a much more modest pace than this ye... Stocks ALWAYS rise in the USA because of jingoistic traders and their myopic national pride. Here is a future 🚀🚀🚀🚀🚀🚀: look at the tape, stock market declined 12/18 so comparing without adjustment makes 19 look very good and 20 hard to match
Source: Reuters - 🏆 2. / 97 Read more »

Global stocks strain for record high on tantalising trade hopesWorld shares made another push for an elusive record high on Wednesday after U.S...
Source: Reuters - 🏆 2. / 97 Read more »

Stocks making the biggest moves midday: Dollar Tree, Dick's Sporting Goods, Chipotle and moreThese are the stocks posting the largest moves in midday trading. Go, Market, go! We'll always celebrate the positives. It's not about it is strong but the alternative substitutes are in weak crisis
Source: CNBC - 🏆 12. / 72 Read more »