Resumo do Relatório
Europe’s earnings leverage: Eye on the World 21/01/21
Markets saw a Biden-bounce yesterday, on inauguration and initial executive action roll-out, and a reminder of impact of strong FAANGM performance, after recent sector rotation, and as Q4 earnings likely continue to positively surprise.
HOT TOPICS focus on European earnings as transition to world-leading 2021 cyclicals-led growth rebound, after -50% trough-fall last year, and still below 2008 level. We are focused on domestic cyclicals and highlight 8 things to watch.
16-page daily includes: Market recap and What to watch; Hot Topic analysis; Country and Sector allocation eye; Key views; US and global performance, valuation, earnings, and macro forecasts; and report Library.