SINGAPORE (Dec 22): The market behaviour in 2018 will continue to leave economists and investors puzzled, just as similar to the last 12 months, according to Edward Bonham Carter, vice-chairman of Jupiter Asset Management.

“But we should be able to expect reasonable returns from stocks if inflation stays contained and US interest rates plot a slow and steady upward course,” says Bonham Carter.

The surge in equity markets globally has been a major issue despite news that would, in normal circumstances, have tempered investor appetite for riskier assets such as stocks.

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