Reported about 18 hours ago
Citi anticipates a continuation of the global stock market rally into 2025, buoyed by declining interest rates and easing inflation which could bolster corporate earnings. The brokerage foresees the MSCI All Country World Index reaching 1,140 points by year's end, indicating a 10% gain from its recent close. They project a 10% earnings-per-share growth for global equities, with the U.S. and emerging markets potentially achieving the highest growth rates. Furthermore, they maintain an 'overweight' stance on U.S. equities amid economic policy uncertainties under the incoming Trump administration.
Source: YAHOO