A sharp sell-off over the past few days has capped a tough first half of the year for the region’s equity markets. The good news is that valuations now look cheap, pointing to a period of outperformance once appetite for riskier assets starts to recover. The bad news is that this is unlikely to be for a while. Market volatility is likely to remain high over the next six months or so, but we expect the general trend to remain down.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services