“Vaccination is accelerating globally, major central banks remain extremely accommodative, fiscal support is still present and earnings continue to recover," said Esty Dwek, head of global market strategy at Natixis Investment Managers. All About EarningsMany investors see a recovery in earnings growth as key to fueling the equity rally. Seema Shah, chief global strategist at Principal Global Investors, said that investors need to be more selective about what regions, sectors and styles they choose. “When you look in the past, the peak in leading indicators doesn’t mean markets will be down," Claudia Panseri, a global equity strategist at UBS Global Wealth Management, said by phone. Though investors expect global stocks to continue rising, they warned that so could volatility.

Source: Mint July 04, 2021 05:03 UTC