Markets are breaking out on the upside
Read about global markets and trends in this monthly Investment Outlook.
Published on 10 Apr 20241 minute read
This monthly commentary gives a roundup of global markets and trends.
In this edition:
- We focus on why global equities have decisively broken out on the upside of a two-year trading range
- Importantly, the rally is broadening to other assets, like gold and property
- Rising asset prices, easing financial conditions and rising business confidence provides stimulus for global growth
- We believe there are risks related to equity valuations of the ‘Magnificent Seven’, a return of inflation and rising geopolitical uncertainty
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