World stocks to rise modestly, correction unlikely – Reuters poll By Reuters – Investing.com

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.