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Equity Market: Erste Group Cautiously Optimistic

Published: December 29, 2012; 16:54 · (Vindobona)

Earnings are expected to grow again, but vulnerabilities remain. The global debt crisis remains unsolved, Erste Group says.

Equity Market: Erste Group Cautiously Optimistic / Picture: © Vindobona.org

“Global equity markets will perform well next year”, states Mostböck. Attractive valuations and the lack of alternatives should lead to positive returns in most stock market indices.

A continued conflict in the Middle East would burden the financial markets at least temporarily and oil and commodity prices particularly in the long run. In US, Fed’s purchases should improve…

This article includes a total of 483 words.

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