Reported 8 months ago
Cathay Financial Holding released the June National Economic Confidence Survey, indicating that 52% of the people expect the economy to grow by over 3% this year, with 66% predicting inflation to remain above 2%. Consumer willingness to spend and sell houses has increased. Regarding expectations for Taiwan's stock market, both optimism and risk preference are on the rise simultaneously. Only 17.1% of the surveyed individuals consider the stability of cross-strait relations an essential factor impacting Taiwan's stock market. The survey also revealed various factors influencing the Taiwan Stock Index trend in 2024, with global fiscal and monetary policy looseness being perceived as the primary influencer by 27% of respondents.
Source: YAHOO