No, it will not.
Global stock markets will endure pressure in both valuation level and profit growth this year. Tightening monetary policy will reduce the stock market's valuation level and this change that began in the first half of last year will continue this year.
With the waning impact of the US tax reform, the dip after the upward trend in US listed companies' profits has been a general tendency. On the other hand, emerging market stocks find difficulty in gaining sustained capital inflows as the US is in an interest rate hike cycle. The global stock market will thus lack upbeat overall performance, with heightened uncertainty over trade prospects and the slackening rate of profit growth added thereto.