Bull market is coming back

TOKYO: A less aggressive posture from the world’s central banks and moves by Chinese authorities to support economic growth will assure a rebound in equities from the US to China, according to veteran economist Allen Sinai.

“With interest rates going to stay fairly low as long as inflation stays low – that’s the big surprise, low inflation everywhere –- you’ve got to be bullish on stocks,” Sinai said in an interview with Bloomberg Television in Tokyo. “The equity bull market will be back. It never left.”