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Equity Outlook: Global uncertainties continue to stoke fears
6/17/2019 2:47 PM
The first months of the year were positively influenced by
global equity markets’ recovery after selloffs at the end of 2018: In
December 2018, equity markets suffered from severe selloffs, which decreased
the price basis and allowed for a decent rebound. This was supported by the wait
for conclusion of a trade agreement between the United States and China. Outlook for the second half of the year is not rosy: With low visibility of the outcome of the trade war and
Brexit, and a recession expected in the US in mid-2020, Société Générale
further reduced the risk profile of its global asset allocation portfolio. We
see a downside potential to global equity indices.
Other commentaries
- 6/17/2019 2:47 PMEquity Outlook: Global uncertainties continue to stoke fears
- 6/10/2019 7:44 AMCompany analysis: CEZ (Buy, 12m target = CZK717) - We keep our BUY recommendation and upgrade the 12m target to CZK717
- 5/28/2019 6:11 PMCompany notes: CEZ (Buy, 12m target = CZK620) - Extraordinary dividend is not out of the game
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