World stocks to rise modestly, correction unlikely – Reuters poll By Reuters – Investing.com
- Date: 27-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
World stocks to rise modestly, correction unlikely – Reuters poll By Reuters – Investing.com
By Rahul Karunakar
BENGALURU (Reuters) - World stocks will continue to rise this year on robust economic and earnings recoveries but any quickening of inflation would temper that enthusiasm, according to Reuters polls of analysts, a majority of whom said a near-term correction was unlikely.
Around this time last year, global equity markets were haemorrhaging from the pandemic-driven economic damage but that was followed by a huge upswing, boosted by unprecedented stimulus and the recovery at hand.