Does The Global Market Rally Have Legs?

Global equity markets have started the year strongly with most showing gains. While fund flows have been more apparent in China and emerging markets, US and European markets have also showed relatively strong performance as talks on a recession have fizzled out. With the Fed also likely at the tail end of its tightening cycle, bonds look to be back in favour. However, all eyes will be on February 1 when the Fed meets where there is still a possibility of a higher 50 bp increase. What would this then mean for the rally in stocks and bonds which we have seen so far? For insights, we speak to Stephanie Leung, CIO, Stashaway.

Image credit: Shutterstock