Equity markets: watch out for the swinging doors!
Tuesday 01 August 2017
Research / Market
Equity markets: watch out for the swinging doors!The signal launched by the deterioration in US companies’ margins can for the moment be put into perspective. As long as US 10- year yields remain contained between 2% and 3% and corporate profits improve, which should be the case at least until the autumn given the favourable base effects, the equities cycle can continue. |