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 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
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

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 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
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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