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Tag Archives: global earnings forecast

Profit dynamics support further upside for equity markets

Corporate results are in keeping with our central scenario of 10% total returns for global equities this year.Our 2017 scenario, drawn up last December, called for a total annual return of 10% for global equities this year. We attributed the bulk of this performance to a double-digit rise in estimated corporate profits. As the Q4 2016 reporting season draws to a close, 2017 earnings expectations are proving resilient or are being revised upwards. Yet the earnings cycle is turning out to be...

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