Investors Don’t See End to Record-Breaking Equity Rally Just Yet
- Economic rebound, pent-up demand to fuel global stock rally
- Investors see volatility ahead, but pullback is chance to buy
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As stocks around the world continue to smash one record after another, some of the world’s biggest money managers have a simple message: Get used to it.
The likes of BlackRock Inc., State Street Global Markets, UBS Asset Management and JPMorgan Asset Management expect equity markets to keep rising in the second half of the year, with many investors increasingly looking outside the U.S. for more returns.