Investment Outlook: If growth holds, stock markets will hold
Press releaseStockholm, February 4, 2020 Investment Outlook: If growth holds, stock markets will hold The decade that just ended was dominated by good economic growth and rising share prices. We are starting 2020 and the new decade with modest annual global growth, around 3 per cent, and with share valuations at peak levels. “This picture of decelerating growth and high valuations is perhaps frightening, but there are indications that equities may defy the law of gravity for another while. In addition, the lack of alternative sources of returns provides some support to stock