The Q3 corporate earnings season is promising to be a strong driver of our two preferred equity markets – the US and Euro area. US companies are once again exceeding earnings and revenue estimates, leading to upgrades to future earnings expectations. Positive earnings growth surprises typically lead to sustained stock market outperformance, especially if monetary policy is supportive.
- Marco Iachini, Cross-Asset Strategist, Standard Chartered Bank
- Fook Hien Yap, Senior Investment Strategist, Standard Chartered Bank
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