Various forecasts hold that world stocks will go into their fourth consecutive month of gain, showing that the world economy is on a steady recovery path.

MSCI’s broader index of world stocks rose 0.1 %, stepping the indicator toward a 1.4 % gain in May.

According to data, this is the longest monthly bullish streak for the index since August last year, when it ran for five months in a row.

But US cash futures and European equities were quiet, with the benchmark indices left in the usual range.

May proved to be the ideal month for asset markets, but economic authorities are increasingly faced with the dilemma that inflation is above estimates, while the underlying structural economy is not improving as quickly.

K. Tovar

Source: informe21

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