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Austrian stock market 2018: Flattish, with room to surprise on the upside
Austrian stock market 2018: Flattish, with room to surprise on the upside
(c) Akos Stiller, Quelle: Wiener Börse

Austrian stock market 2018: Flattish, with room to surprise on the upside

Over the past three years (2015-2017) the ATX, Austria’s main equity index, posted an annual return of more than 16%, making the Vienna Stock Exchange the best performing European stock market (or second best, if Eastern Europe is included).

Global stock markets: Break, correction or worse?
Global stock markets: Break, correction or worse?
(c) iStock

Global stock markets: Break, correction or worse?

The probability that there is another leg up for global equity markets is bigger than a significant correction in the near-term. However, there are no guarantees when it comes to investments in stocks in contrast to, as somebody said, the purchase of a vacuum cleaner. In case that the earnings momentum is cooling down or, for example, the macro-backdrop deteriorates, an extended period of equity markets going sideways or a correction cannot be excluded.