MTS News
MTS Futures News_PM_20190102
•There's a good chance that what ailed the market in 2018 could reverse sometime in 2019, providing strong tailwinds for stocks, some strategists said.
After the worst December since 1931 and the worst year since the financial crisis, stocks enter 2019 tentatively but still susceptible to the volatility that resulted in historic intraday swings in late December. The S&P 500, trading at about 2,495, is down 6.6 percent for the year, and down 9.6 percent in December alone.
In the final quarter of 2018, the market fell on concerns that economic growth and profit growth are slowing down, and Fed rate hikes and trade wars would only accelerate the deceleration. But most Wall Street strategists in a CNBC survey maintain a rosy view for the bull
"Based on fundamentals, I don't think the pullback we had in this market was ever justified. Markets will do what they'll do. I think you have
But while recent up days have been encouraging, some strategists say the market could stay volatile and swing in both directions as it works to form a bottom around the lows of last week.
Ed Keon, chief investment strategist
• ตลาดหุ้นยุโรปปรับตัวลดลง ท่ามกลางความเชื่อมั่นของเหล่
ทั้งนี้ ดัชนี Stoxx600 ปรับลงกว่า 1% ในช่วงแรก ขณะที่ตลาดภูมิภาคส่วนใหญ่เคลื่
MSCI’s broadest index of Asia-Pacific shares outside
• China stocks started 2019 on a bearish note, closing lower on Wednesday, as
The blue-chip CSI300 index fell 1.4 percent to 2,969.54 points, while the Shanghai Composite Index ended down 1.1 percent at 2,465.29 points.
There is a hint to some extent from the PMI data, that the slide in corporate profits has just begun, Guotai Junan Securities wrote in
Largely dovetailing with the official survey, a private survey showed China’s factory activity contracted for the first time in 19 months in December as domestic and export orders continued to weaken.
China’s monetary policy stance has not shifted, but a greater focus will be placed on flexible policymaking to adjust to changes, a central bank official said, with the Chinese economy widely expected to face more headwinds next year.