The increase in current income in the United States and the growing gap between America and the world in the near future will continue to stimulate the dollar.
Spreads will increase and the profitability to fall. This in turn will affect the overall profitability. The rise in risk Premia and not yield growth will be a key factor reducing the return on investment.”
Analysts specify that “Slowing growth and tighter monetary policy, combined with the considerable reduction of bond purchases by Central banks show a decrease in the willingness to take risks.”
At BNP Paribas see opportunities for further outflow of risky assets, but do not consider that in 2019 Ukraine will be able to enter a “bear market”:
“There waiting for the active development of the stock market as a whole, which will keep global bond yields”.
The analysts of foreign expert groups predict a slowdown in GDP growth in the developed world:
“Uncertainty in the trade war between China and the US burden of stocks and emerging markets. In connection with the growth of the trade deficit of the United States, we expect the uncertainty over Sino-American trade relations. This is likely to increase the deceleration of global growth and increase the risk premium in global equity markets, especially in the technology sector. Europe will feel the indirect consequences of this dispute”, – experts say.