Investors in Denmark are almost universally bullish about European equities. Though sentiment towards US equities is considerably less buoyant, a market correction isn’t thought to be an imminent threat.
The huge losses equity investors have suffered so far in 2016 have dented the investment outlook of Swedish fund buyers. They forecast only modest returns from their equity holdings during the coming years.
Global equity markets are experiencing their worst start to the year since 2008. While some are fearing this is the start of a bear market, others believe markets are oversold and equities now look at their most compelling in years. There are valid arguments on both sides, but some seem more right than others.
With Chinese stocks having officially entered bear territory earlier this week, industry experts are divided on which neck of the woods the market will end up in.
In the old Road Runner cartoons, Wile E. Coyote spent a lot of time running on air. Having run off a bridge or a cliff, he would remain remarkably buoyant for a while. Then he would look down and, of course, plummet to the floor.