Global stock markets are approaching historical peaks, buying on dips or pushing new highs

The Zhitong Finance App learned that the global stock market is gradually approaching the highest point in history. Some analysts predict that with the support of buying on dips in the market, the stock index is expected to rise further.

The current position of the MSCI Global Index is only 0.5% short of the 887.72 closing record set on February 18. The index has rebounded 19% from a low level since Trump announced tariffs in early April, causing the stock index to fall.

Massimiliano Bondurri, founder of SGMC Capital, said in an interview: “Many investors may have missed out on previous upward opportunities and are waiting for the market to recover in order to enter the market layout.”

US trading partners have been temporarily exempted from most tariffs, increasing market risk appetite, and investors are seizing market decline opportunities to open positions. Due to the stock market decline caused by Trump's tariff statement in early April, all major stock indexes have now recovered their losses or narrowed drastically.

The MSCI Global Stock Benchmark Index is expected to rise 11% over the next 12 months, according to analysts' forecasts compiled. Strategists have begun to increase asset allocations for major markets.

Morgan Stanley strategists raised ratings for US stocks and US Treasury bonds last month, and it is expected that the Fed's future series of interest rate cuts will support the bond market and boost corporate profits. Meanwhile, Nomura Holdings strategists upgraded China's stock rating to “tactical increase.”

Investors are closely monitoring the progress of the trade dispute between China and the US, focusing on whether the two heads of state will engage in dialogue to ease the tension.

“Reaching a constructive solution is in the common interest of both countries,” said George Maris, chief investment officer and head of global equities at Principal Asset Management. “There is plenty of room for reasonable compromise between the two sides.”