| Since 2008, stock market behaviour has been affected by unforeseen events, overturning conventional wisdom and reversed the immediate course of investor behaviour. The commodity price collapse and the Chinese yuan devaluation in 2015 is a good example of that. Given such a background, what will 2016 be like? At one level, it could be a return to normal conditions, economy and corporate earnings.
It is too early to talk of a capex revival, but earnings could recover bolstered by low base effect and higher growth; commodity prices could stabilise, having fallen sharply last year. Economic growth could move higher and we are likely to end the year with a far robust economy. But it will still not be close to our expectations leaving some of us disappointed...............................................Full Article: Source
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