Boring sideways (+some correction) in the coming year
According to the CME Group, Corporate tax increase and Tapering will significantly impact the valuation of companies
Source: cmegroup.com/education/featured-reports/videos/fiscal-monetary-policy-implications.html
Also, the GDP forecast by IMF implies that 2021 was the peak.
Source: imf.org/en/Publications/WEO/Issues/2021/10/12/world-economic-outlook-october-2021
So I expect the market to be similar to 2013~2016.
For coming years, it will be boring sideways + slow growth and slow correction.
Source: cmegroup.com/education/featured-reports/videos/fiscal-monetary-policy-implications.html
Also, the GDP forecast by IMF implies that 2021 was the peak.
Source: imf.org/en/Publications/WEO/Issues/2021/10/12/world-economic-outlook-october-2021
So I expect the market to be similar to 2013~2016.
For coming years, it will be boring sideways + slow growth and slow correction.
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