The worst of the global sell-off is over and equity markets are on the mend, according to analysts at Lehman Brothers who forecast a 26% upside gain to global equities before the end of the year.
After a study of several slump periods since the 1940âs, Ian Scott, Lehmanâs global equity strategist, said current low valuations and the marketsâ significant correction of 15% since last week support his conviction that a trough has been reached.
