Global stocks set for correction by year-end as rally fizzles: Poll

The Straits Times2021-08-26

BENGALURU (REUTERS) - The blistering rally in global stocks is nearly over, any further gains will be limited and a correction is likely by the end of the year, a Reuters poll of analysts found. ...

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Comments

KeeBoonTong
2021-08-26
KeeBoonTong
Lalala
- KeeBoonTong:
  lalalala
Footixx
2021-08-26
Footixx
?
Zasper
2021-08-26
Zasper
Ok
mseokt
2021-08-26
mseokt
Getting ready for the correction
- Zasper:
  Nice
EHG
2021-08-26
EHG
Like
FU5591
2021-08-26
FU5591
wow
- Deon99:
  Like

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Nevertheless the strongest economic momentum is peaking, which leads to a somewhat more uncertain terrain,\" Tomas Hildebrandt, senior portfolio manager at Evli Bank in Helsinki, said.\n\"Will the levelling growth be enough for markets?\" he asked.\nStimulus Can't Last Forever\nNearly all of the 17 indices polled were forecast to retain the double-digit gains made so far this year, according to the median views of over 250 equity analysts taken Aug 11-24.\nHowever, a still-uncertain outcome for US$3.5 trillion (S$4.7 trillion) of proposed fiscal spending in the United States and the threat of higher inflation forcing central banks to dial back stimulus measures are likely to dent the risk-on sentiment that has been in play.\n\"The market is being driven now by huge amounts of government stimulus and low rates. 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