Credit Suisse sees equities rising further next year

Asset shift: In a report on global wealth, Credit Suisse sees a shift away from equities and other securities to physical assets like property. - Reuters

ZURICH: Credit Suisse Group AG says it’s not too late to join the stock-market rally as an accelerating global economy drives gains into 2018.

“Even after a year of exceptionally good returns in risk assets, Credit Suisse investment strategists believe that global equity markets have further upside potential in 2018,” the Zurich-based bank said yesterday in its investment outlook for next year. “Economic growth is expected to remain robust in the months ahead, supported by both advanced and emerging markets.”