Soft landing drives broadening of equity bull market

After a long period of consolidation and doubts in 2018 and 2019, the equity markets have ended up topping their previous highs hit in January 2018. The escalating tit-for-tat on border duties between the US and China now seems to have come to a halt, while the no-deal Brexit scenario has been warded off. This scale-back in political tension is admittedly relative, and other pressures may emerge, but we have every reason to think that we are now over the worst of the angst. Investor doubts have abounded and fears of recession have sometimes reared their ugly head, for example during the summer of 2019 when the trade war looked set to scale worrying heights.

Soft landing scenario is taking shape

Dorval AM Premium

Would you like to continue reading this article?

Become a Premium subscriber in a few clicks and get free access to full and exclusive content.

Every week, you’ll have a rendezvous to better decipher market news
Every month, you’ll get comments by our financial analysts on economic outlooks
Unlimited access to the strategic viewpoints of Dorval AM managers
Clear and detailed information on the evolution of our funds

Let us provide you with a customized discovery by giving us some clarification.

Choose your profile