Crude Oil Gains to Persist; Stocks to Stay on Their Rocket: Q3 Top Trading Opportunities
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Q3 Top Opportunities Overview:
Despite some twists and turns, the first half of the year was indeed about the growth story, and heading into 3Q’21, it appears that the tune will remain the same.
The long US equities story is set to continue into the second half of the year.
As long as the bull case for global growth remains, then energy should be in strong demand.
Growth Story Remains Strong
Central banks remain accommodative even as they signal the end of crisis-era efforts; fiscal authorities continue to provide support with further government spending increases anticipated out of both Europe and North America; and rising vaccination rates, and high efficacy of existing vaccines, suggests that the delta variant story is becoming a ‘wall of worry’ for markets to climb in the second half of 2021.