Fundstrat Sees Global Stocks Rallying Over Next Six Months, Says Pullbacks Are a Buying Opportunity
Summary
- Fundstrat said global equities are likely to remain strong over the next six months.
- Mark Newton said a weaker dollar would act as a tailwind for emerging-market stocks.
- Newton said any correction that emerges from mid- to late October through November could offer the best buying opportunity.
Forecast Trend Report by Period
Fundstrat, the Wall Street investment advisory firm, expects global equities to remain strong over the next six months.
BlockBeats reported on October 14 that Mark Newton, Fundstrat’s head of technical strategy, said in a recent interview that global stock markets could stay strong for roughly six months, from next month through April 2027. He said global equities may trade sideways in the near term before extending their gains. A weaker dollar would also support emerging-market stocks.
Newton added that any near-term pullback could present a buying opportunity. “This is not the time to panic,” he said. “A correction that could emerge from mid- to late October through November may offer the best buying opportunity in this cycle.”
Fundstrat was co-founded by Tom Lee, chairman of BitMine, the world’s largest Ethereum treasury company.
