Swiss Economicblogs.org
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...
Read More »Profit dynamics support further upside for equity markets
