2019- The Best Year Global Financial Markets Have Ever Had?

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2019- The Best Year Global Financial Markets Have Ever Had?

Despite a raft of rancour over a seventeenth month long Sino-US trade spat which had sharply contributed to a global scale economic slowdown, a number of geo-political events prodding a wobbling trickle into the global business environments such as a six-month long pro-democracy protests in Hong Kong, an exacerbating tension over the trade triangle beside North Pacific and fears of a disorderly Brexit, alongside a growing debt-pile of global economy that added to butterflies in analysts’ stomachs, 2019 might just be the best year global equity investors ever had since the meet of Britton woods back in the July of 1944 while a majority of central European nations’ Finance Ministers had decided to follow a more market-oriented economy, deserting the Soviet-style financial system.

In point of fact, profits scores by major global indices on 2019 after a disdainful wrap-up of 2018 had been bow-bending, while in 2019, global equity markets had piled up a whopping upsum of $10 trillion, government bonds had been cracking fires of slowdown crunch, crude oil skied up 25 per cent and even the safe haven spot gold prices had picked up more than 21.61 per cent.

Aside from that, Wall St.’s benchmark S&P 500 index scored a gain of 30 per cent this year, while MSCI’s gauge of global stock indices that keeps track of 49 stock exchanges had witnessed a giant leap of 24 per cent.

Elsewhere in the global equity markets, Europe, China, Brazil and Japan, had been at least 20 per cent up on an average from the same time a year earlier. On top of that, internationally-traded government bonds, demands of which usually ramp up during periods of geo-political tensions, had also spiked on 2019 to score their multi-month highs, as German bunds, the safest asset in Europe, gained nearly 5.5 per cent and notched their best readings in five years, while US Treasuries made an overwhelming 9.4 per cent after yields had plunged as much as 120 basis points.