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Outlook June 18, 2021 / 12:35 pm UTC

Equities Outlook: Slowing U.S. Earnings Growth versus Multiple Derating

By Mike Gallagher
The U.S. equity market will likely see further price/earnings derating, while EZ equities can benefit from a more prolonged period of lower-for-longer interest rates than in the U.S. EM Asia is preferred to other EM equity markets over the next 18 months and has 10-15% upside.