Bearish sentiment fomented by projected CB actions.
Central bank policy cited as main risk over coming year or two.
Bloomberg poll captures views of 30 investors across globe.
The would-be end of a great cycle for financial markets would come just about when central bank balance sheet contraction is expected to kick into high gear.
By mid-2018, the Federal Reserve’s wind-down may be well under way, and the European Central Bank might have joined the Bank of Japan in tapering asset purchases.
A bear market is coming next year @adhaigh @daniburgr @natashadoff @julieverhage https://t.co/QtzajRvEQl pic.twitter.com/7ihhxvmJXi
— Bloomberg Markets (@markets) July 25, 2017
2 comments:
Just in time for the mid-terms.
A lot will depend how the debt ceiling is handled.
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