Snippet via HSBC on likely potential tailwinds for stockmarkets globally in this second half the year.
Analysts at the bank say their discussion with clients indicate to much attention being paid to downside risks, and overlooking 5 key potential triggers for higher prices yet to come:
Earnings reports remain positiveThe ‘Goldilocks macroeconomic landscape to underpin valuationsOngoing momentum in artificial intelligence developmentsMarket breadth improvementLittle sign of clear sell signals
While HSBC are bullish, they expect returns to be lower than in H1.
This article was written by Eamonn Sheridan at www.forexlive.com.
