Predicting major turns in stock markets is a mug’s game and you would be hard-pressed to find a single forecaster with a convincing record over the necessary span of a few decades. We can, though, perhaps say this about the outlook for 2020: if you’re hunting for events that could derail a bull market, the current list is long. Behind all those factors sits the knowledge that a change in the interest-rate weather is the most common cause of a turn in stock markets. Regulation could lengthen odds on bright future for bookiesWith a potentially pivotal year ahead for the UK gambling industry, battle lines are already being drawn. When the stock market opened the following day, investors, detecting the rumble of approaching regulation, ditched gambling shares to the tune of £1bn.

Source: The Guardian January 05, 2020 06:56 UTC