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

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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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Footixx
·2021-08-26
?
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3
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Zasper
·2021-08-26
Ok
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4
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mseokt
·2021-08-26
Getting ready for the correction
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- Zasper:
  Nice
  2021-08-26
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EHG
·2021-08-26
Like
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4
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FU5591
·2021-08-26
wow
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2
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- Deon99:
  Like
  2021-08-26
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jonbeloved
·2021-08-26
I thought someone says the correction is round the corner. Just have to embrace it.
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- Phoebella:
  hmm
  2021-08-30
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- keaty:
  if the world have god guru.... he must be better than richest man in the world?.
  2021-08-26
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- HawTK:
  Agreed
  2021-08-26
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Jacjacjacjac
·2021-08-26
?????????
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mQ
·2021-08-26
Hmm
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- Jacjacjacjac:
  ?
  2021-08-26
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MasterStonker
·2021-08-26
????????
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9
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- MasterStonker:
  ??????????????
  2021-08-31
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- MasterStonker:
  ????????????
  2021-08-28
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- Jorjor17:
  wow
  2021-08-26
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This should continue to feed the 'buy the dip' mentality, although investors may stay on a wait and see mode for now, given the lack of meaningful correction in the past 12 months.\"\nLast week, world stocks suffered their biggest fall since June but have recovered from nearly all of those losses.\nStill, nearly two-thirds of analysts who answered an additional question - 66 of 107 - said a correction in global equity markets by end-year was likely. The remaining 41 said unlikely.\n\"The fundamental situation is still very supportive even if markets have rejoiced and risen with vigour. 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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While seven expected them to stay the same, the remaining six said earnings will fall.\nIf analysts projections are realised, only Japan's Nikkei index was forecast to outperform this year's expected gains in 2022.\nThe benchmark S&P 500 index, which hit another record high on Tuesday, its 50th so far this year, was forecast to end the year around the same levels and then gain another 5 per cent by end-2022.\nMedian projections also found a rally in emerging market equities will peter out by early next year.\n\"We suspect low yields were a key factor supporting the gains in equity market valuations last year, which boosted EM stock prices,\" Thomas Mathews, markets economist at Capital Economics in London, said.\n\"We don't expect particularly large gains in EM equities over the next few years, even as their economies recover from the effects of the 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ready for the correction&nbsp;","listText":"Getting ready for the correction&nbsp;","text":"Getting ready for the correction","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810958495","repostId":2162190063,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5651217,"gmtCreate":1629941295411,"gmtModify":1663232924043,"authorId":3575188860884045,"author":{"id":3575188860884045,"authorId":3575188860884045,"name":"Zasper","avatar":"https://static.tigerbbs.com/647533310e84099eea8515d90e6e2f94","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810958495,"type":1,"supId":0,"prevId":0,"content":"<u>Nice</u>","text":"<u>Nice</u>","html":"<u>Nice</u>"}],"langContent":"EN"},{"id":810928085,"gmtCreate":1629940389747,"gmtModify":1676530177808,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810928085","repostId":2162190063,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810965252,"gmtCreate":1629940052076,"gmtModify":1676530177677,"author":{"id":"3572502301692301","authorId":"3572502301692301","name":"FU5591","avatar":"https://static.tigerbbs.com/a0762ea32f762ec6978abe3695419890","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810965252","repostId":2162190063,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5650822,"gmtCreate":1629940068699,"gmtModify":1663232920848,"authorId":3582792583897658,"author":{"id":3582792583897658,"authorId":3582792583897658,"name":"Deon99","avatar":"https://static.tigerbbs.com/8be4c615e37e829678f74e51f6b4600d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810965252,"type":1,"supId":0,"prevId":0,"content":"Like","text":"Like","html":"Like"}],"langContent":"EN"},{"id":810989637,"gmtCreate":1629939295729,"gmtModify":1676530177176,"author":{"id":"3560138341869725","authorId":"3560138341869725","name":"jonbeloved","avatar":"https://static.tigerbbs.com/1312ffb19627a11a2ad03b49693f53dd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1},"htmlText":"I thought someone says the correction is round the corner. Just have to embrace it.","listText":"I thought someone says the correction is round the corner. Just have to embrace it.","text":"I thought someone says the correction is round the corner. Just have to embrace it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/810989637","repostId":2162190063,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5695747,"gmtCreate":1630332794099,"gmtModify":1663233125863,"authorId":3559192645447375,"author":{"id":3559192645447375,"authorId":3559192645447375,"name":"Phoebella","avatar":"https://static.tigerbbs.com/c39afad3d430848c955620f39285f7b8","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810989637,"type":1,"supId":0,"prevId":0,"content":"<u>hmm</u>","text":"<u>hmm</u>","html":"<u>hmm</u>"},{"id":5651280,"gmtCreate":1629941652661,"gmtModify":1663232925843,"authorId":3578631759891221,"author":{"id":3578631759891221,"authorId":3578631759891221,"name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810989637,"type":1,"supId":0,"prevId":0,"content":"if the world have god guru.... he must be better than richest man in the world?.","text":"if the world have god guru.... he must be better than richest man in the world?.","html":"if the world have god guru.... he must be better than richest man in the world?."},{"id":5650805,"gmtCreate":1629940018937,"gmtModify":1663232920643,"authorId":4087822741232210,"author":{"id":4087822741232210,"authorId":4087822741232210,"name":"HawTK","avatar":"https://static.tigerbbs.com/184dd5a8890335d87b5cc27237101a65","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810989637,"type":1,"supId":5650765,"prevId":0,"content":"Agreed","text":"Agreed","html":"Agreed"},{"id":5650765,"gmtCreate":1629939901176,"gmtModify":1663232919964,"authorId":3585615893363136,"author":{"id":3585615893363136,"authorId":3585615893363136,"name":"damedrall","avatar":"https://static.tigerbbs.com/d674a0a61a9a10467e190305435e4e52","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810989637,"type":1,"supId":0,"prevId":0,"content":"yeah we just need to embrace it","text":"yeah we just need to embrace it","html":"yeah we just need to embrace it"}],"langContent":"EN"},{"id":810911709,"gmtCreate":1629938961901,"gmtModify":1676530177029,"author":{"id":"3575020360100013","authorId":"3575020360100013","name":"Jacjacjacjac","avatar":"https://static.tigerbbs.com/6407ac926adff6fe15f2b6904fd16fef","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":1,"crmLevelSwitch":0},"htmlText":"?????????","listText":"?????????","text":"?????????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810911709","repostId":2162190063,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810911591,"gmtCreate":1629938958313,"gmtModify":1676530177018,"author":{"id":"3575883708634905","authorId":"3575883708634905","name":"mQ","avatar":"https://static.tigerbbs.com/f15c6544cce801bf2702a439bc97d760","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810911591","repostId":2162190063,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5650536,"gmtCreate":1629938977845,"gmtModify":1663232918825,"authorId":3575020360100013,"author":{"id":3575020360100013,"authorId":3575020360100013,"name":"Jacjacjacjac","avatar":"https://static.tigerbbs.com/6407ac926adff6fe15f2b6904fd16fef","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master 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