Arising out of sanctions by US and European Union against Russia and the hit-back by Russia against their imports, stock prices in many countries have seen a large drop. What is the outlook of the stock market?
My view:
US stock market, using S&P500 as a guide, is expected to go beyond 2000 points by end of 2014.
However, European countries are likely to be much more affected by the tit-for-tat sanctions and perform poorer (i.e. unless ECB starts their version of Quantitative Easing (QE)!)
Showing posts with label stock market. Show all posts
Showing posts with label stock market. Show all posts
