Swiss Economicblogs.org
Our updated core scenario for global equities foresees earnings growth as the primary driver of returns over the next 18 months. We expect current high valuations to persist.Our core scenario for global equities for the next 18 months is built on three active risk factors (drivers): earnings growth, valuations and currency fluctuations. Of the three, earnings growth will be the most significant for return generation.After two strong quarterly reporting seasons, the positive base effect that...
Read More »High equity valuations leave no room for disappointment
