(Feb 10): Citigroup Inc is looking to history to show the global equity rally could be far from over. With the MSCI All-Country World Index up 24% from a low last February, similar gains since 1980 suggest it will jump at least 10% in the next year, Citigroup strategists led by Robert Buckland wrote in a note. Improving corporate earnings, rising bond yields and money flowing back into equity funds are combining to support another leg up for global stocks. “Healthy market gains from current levels are consistent with the views of our strategists around the world,” they wrote in a note dated Feb 9. For HSBC Holdings Plc, markets are getting expensive and there’s a lot of economic policy uncertainty, strategists have said.

Source: The Edge Markets February 10, 2017 13:52 UTC