A trader at the New York Stock Exchange on October 30. With the US and China driving global recovery and hard-landing risks averted, stock markets could easily add 10-15 per cent upside potential next year. Photo: Xinhua
David Brown
Opinion

Opinion

Macroscope by David Brown

Global stock markets are in line for a bumper 2020 after the doom and gloom of 2019

  • Markets, having priced in the worst outcomes of the trade war, a Trump impeachment and Brexit, now seek good news. As central banks ease policy, political risks recede and with a trade deal in sight, 2020 should be glorious

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A trader at the New York Stock Exchange on October 30. With the US and China driving global recovery and hard-landing risks averted, stock markets could easily add 10-15 per cent upside potential next year. Photo: Xinhua
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The US flag flies over a container ship unloading its cargo from Asia at the Port of Long Beach, California, on August 1. The IMF and OECD have downgraded their global growth forecasts for 2019, taking into consideration the impact of the US-China trade war. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

A US-China trade war deal, coupled with central bank monetary policy easing, could buck global slowdown predictions

  • The trade war has worried central banks enough to prompt interest rate cuts. However, the effect of this will only be felt later and could coincide with phase one of a US-China trade settlement

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The US flag flies over a container ship unloading its cargo from Asia at the Port of Long Beach, California, on August 1. The IMF and OECD have downgraded their global growth forecasts for 2019, taking into consideration the impact of the US-China trade war. Photo: AFP
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