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The eight-year bull market may be ageing but it ain't slowing down yet: Citi

Global Markets

The eight-year bull market may be ageing but it ain't slowing down yet: Citi

PC Lee Published on Thu, Oct 05, 2017 / 1:02 PM GMT+8

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SINGAPORE (Oct 5): Citi Research says the eight-year bull market may be ageing but it ain’t over yet, forecasting a 10% gain for global equities by end 2018.

And with cheap valuations, good earnings momentum and the prospect of a weaker US dollar, Citi has also raised Emerging Market equities back to “overweight”.

An improving Eurozone economy is also keeping Citi positive on Europe ex-UK.