Central banks are raising interest rates, and that's risky for stocks. Expectations for earnings growth are too high.
More Quotes from Teun Draaisma:
Seeing as U.S. GDP growth is going to be a lot better than as initially expected, this reporting season could be the trigger for the next upward leg in the market,Teun Draaisma
Profit growth is going to slow down dramatically. It's not a great level to be entering the equity market.
Teun Draaisma
I would not say we have had fantastic news in the last two days but there is a little bit of an opening in the Iraqi situation and things may be getting a bit better there.
Teun Draaisma
A lot of companies have cash on their balance sheets and debt financing is very cheap, so there will be scope for more MA. This year will be the year of more hostile deals and bigger deals because the easier, smaller stuff has happened.
Teun Draaisma
Socially it's a big thing but I don't think this will affect the stock market at the moment. If it escalates further it might but it would have to be a massive escalation for it to really hurt the market.
Teun Draaisma
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