World Stocks to Rise 10% Over Six Months, Deutsche Bank Says

(Bloomberg) -- Stocks worldwide may climb another 10 percent over the next six months before rising interest rates will stymie the rally, according to Deutsche Bank AG.The MSCI World Index, a benchmark gauge for 23 developed nations, has surged 71 percent from this year’s low on March 9 amid signs that stimulus measures by governments and central banks worldwide are helping to pull the global economy out of recession. Europe’s Dow Jones Stoxx 600 Index has rebounded 56 percent in the period, while the U.S.’s Standard & Poor’s 500 Index gained 64 percent.

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