Deutsche Bank WM remains “constructive” on US equities

21 February 2019 | 1 minute read

Despite a significant downward revision of US earnings growth, Deutsche Bank Wealth Management says investors should remain “constructive” on this asset class. “With the recent pessimism on global growth, we have lately seen increased chatter of a possible ‘earnings recession’ (two straight quarters of profit contraction), something that has not happened since 2015 and 2016,” the bank pointed out. Deutsche…

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