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First quarter 2021 results
Thursday 03 June 2021
Market News
Corporate results rebounded in Q1 2021 to a surprising extent everywhere and are likely to continue doing so beyond 2021. This could mean a new, earnings-driven phase in the equity market rally. In the shorter term, however, the markets could be tentative in the wake of their strong gains, but probably without casting any doubt on their favourable outlook nine to 12 months out, particularly regarding value stocks.
A far better-than-expected rebound that augurs well for the full year
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