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Global stock markets are nearing historical highs, analysts: pullback may present a good opportunity to get on board.
On June 3, the global stock market is gradually approaching the highest level in history, and some analysts believe that the market still has the potential to rise further, driven by dip buying. Currently, the MSCI World Index (MSCI ACWI) is just 0.5% away from its all-time closing high of 887.72 set on Feb. 18. The index has rebounded 19% since April when Trump announced tariffs that sent markets to a low. Massimiliano Bondoori, founder of SGMC Capital, said: "Many investors may feel like they have missed this rally, and they are waiting for a market correction in order to dip into their cash to enter the market. ”