The causes of a booming stockmarket are unlikely to last through 2020
Global growth, a trade deal and lower rates have added oomph to shares
THE CHRISTMAS of 2018 was a dismal one for American stockmarket investors. Meagre gains eked out through a volatile year were reversed at its end, on fears of slowing global growth and all-out trade war between America and China. The S&P index of large companies tumbled by 15% between November 30th and December 24th that year. Many thought a recession was imminent.
This article appeared in the Finance & economics section of the print edition under the headline “Christmas bonus”
Finance & economics January 4th 2020
- The causes of a booming stockmarket are unlikely to last through 2020
- Trade negotiators have missed a deadline to help protect fish stocks
- Grab and Singtel will bid for a digital-banking licence in Singapore
- A study suggests that higher minimum wages hit poorer bosses’ pockets
- Why the most important hedge is against unexpected inflation
- China’s industrial policy has worked better than critics think
From the January 4th 2020 edition
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