Global Stock Markets To Increase Modestly In 2017

Global equities are forecast to rise modestly in 2017, held back by concerns about the pace of U.S. Federal Reserve interest rate hikes and the waning effect of widespread monetary stimulus that has helped drive shares to lofty heights, Reuters polls show.

While massive stimulus from some of the world’s biggest central banks has underpinned a multi-year rally since the financial crisis, taking Wall Street to record highs, doubts over the potency of further monetary easing are growing.

Those concerns have already restrained stock markets this year, with almost half of the 20 indexes surveyed now in the red for 2016, an outcome not predicted by any of the Reuters polls conducted earlier this year.

Expectations in the latest poll of more than 200 equity analysts and fund managers over the past week were for all but one of those indexes to rise between now and the end of next year, but by less than thought three months ago.

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