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  • Stocks should add to gains in the second half of year, predict Grandbay Capital
  • May 05, 2023
  • Hong Kong based brokerage Grandbay Capital predict stocks will continue to rise heading into the second half of the year at record levels, largely powered by a strong economy and robust earnings growth, tempered by the possibility of higher inflation and tighter Fed policies.

    Grandbay Capital expects stocks to rise in the second half of the year. Strong growth, strong earnings and a freeze on interest rates are the three main factors investors should look our for in the second half of 2023, according to Tom Peterson, Director of Corporate Trading at Grandbay Capital Limited.

    The good news is that central banks will likely be forced to pivot and signal cutting interest rates sometime next year, which should result in a sustained recovery of asset prices and subsequ...
  • View more at: https://www.1888pressrelease.com/stocks-should-add-to-gains-in-the-second-half-of-year-predi-pr-721064.html