Reported about 2 months ago
According to a Reuters poll, global stocks are expected to recover modestly over the coming months, benefiting from anticipated interest rate cuts by major central banks. Following a significant decline in early August, the MSCI index has nearly regained its losses and remains up 14% for the year, as market fears of a recession have diminished. While single-digit gains are projected for most indices by year-end, analysts do not foresee an outright market correction in the next three months, bolstered by expectations of corporate earnings exceeding forecasts.
Source: YAHOO