Standard Chartered PB prefers US equities

11 July 2019 | 1 minute read

Despite subdued earnings growth expectations, US equities are still favoured by Standard Chartered Private Bank. According to the British lender, market consensus estimates a 0.3% rise in US S&P 500 earnings in the second quarter, down from 2.8% at the beginning of Q2. “With US equity indices approaching key technical barriers, a further break higher would probably require positive earnings…

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