Warnings of a decline in global stock markets by the end of 2021

As a result of the significant rises that the financial markets witnessed during the year 2020, which extended to the year 2021, it seems that the period of correction that investors have been waiting for is imminent.

According to Arabiya Net, in previous periods, there was no consensus about the expected correction period, but now there is a great agreement among senior financial experts in global markets on the imminence of the correction process. And they said it was imminent.

It is expected that global stock markets will witness significant declines of up to 10% by the end of this year, according to what analysts agreed in a Deutsche Bank survey announced today. Monday.

According to the survey that was conducted during the period from September 7 to 9, which included about 550 analysts in global financial markets, 58% of them expected a correction in The market by the end of this year, and with it shares decline by 5 to 10%.

53% of analysts indicated that the Corona pandemic is still considered the biggest threat to market stability, as they pointed to fears of Corona mutations that current vaccines may not be able to resist, The second biggest concern was higher-than-expected inflation levels.

Since the beginning of this year, US stock market indices have witnessed gains ranging between 25% and 39% at the end of trading last Friday, according to the Al Arabiya.net survey.

While the European markets rose less, the Euro Stoxx 50 index rose 25.77% since the beginning of the year, the German DAX rose 18.23%, and the French CAC index rose by 18.23%. by 32.37%.

In Asia, the Nikkei rose by 30.08%, the Topix by 27.9%, and the Chinese Hang Sang by 4.83% since the beginning of the year, while the MS CI for the Asia-Pacific region, an increase of 20.79%, and the Standard & Poor's index of Asian stocks rose by 26.72%, according to data compiled by Al Arabiya.net.

In the Arab world, the Dubai Financial Market index has risen since the beginning of the year by 26.88%, and the Abu Dhabi index by 71.52%. In Kuwait, the main market index rose by 28.16%, and the Saudi index rose by 38.11%, while the EGX 30 index on the Egyptian Stock Exchange witnessed limited increases of 1.97%.