Stocks to rebound, says top analyst

A less aggressive posture from the world’s central banks, and moves by Chinese authorities to support economic growth, will assure a rebound in equities from the US to China, according to veteran economist Allen Sinai.

“With interest rates going to stay fairly low, as long as inflation stays low — that’s the big surprise, low inflation everywhere — you’ve got to be bullish on stocks,” Mr Sinai said in an interview with Bloomberg Television in Tokyo.