Traders work on the floor of the New York Stock Exchange ahead of the opening bell on January 4. The Dow Jones Industrial Average got off to a strong start that morning. Photo: Getty Images/AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

Trade war, Brexit and slowdowns in China and Germany are likely to curb the stock market euphoria

  • While a trade deal between the US and China would be good news, US President Donald Trump’s attempts to protect the American automobile industry will have global ramifications, including on a Europe reeling from Brexit uncertainty

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Traders work on the floor of the New York Stock Exchange ahead of the opening bell on January 4. The Dow Jones Industrial Average got off to a strong start that morning. Photo: Getty Images/AFP
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A perfectly timed kick and chase when combined with a fortunate bounce of the ball makes for rugby magic. Market watchers are looking for similar serendipity in economic data. Photo: AP
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

Economic data may point to a favourable bounce for investors midyear, but market risks remain

  • The Chinese and US economies will see growth stabilise, not pick up or drop significantly. Meanwhile, company earnings will have to bottom out or even rise to calm investor nerves

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A perfectly timed kick and chase when combined with a fortunate bounce of the ball makes for rugby magic. Market watchers are looking for similar serendipity in economic data. Photo: AP
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