Reported 7 months ago
Following rate cuts in Canada and Europe on June 13, 2024, financial institutions have continuously expressed positive outlooks for the stock market in the second half of the year. Factors such as high nominal economic growth rates, peak interest rates, and improving corporate earnings performance are expected to support market performance. While concerns about 'uncontrolled inflation' exist, overall, experts are optimistic about the stock market outlook, highlighting steady fundamentals and improving economic conditions.
Source: YAHOO