Global Market Outlook: March 2017 – Equities looking over extended

BY David Bassanese | 1 March 2017
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Global equities made further gains in February, still buoyed by signs of an improving economic outlook and limited upside pressure on bond yields and the US dollar. While the longer-term outlook remains encouraging, however, equity markets look over extended in the short-run and could pull back once the extent of US President Trump’s fiscal stimulus is clearer.

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