Singapore Stock Market News

Equity Strategy - Growth or liquidity

StockFanatic
Publish date: Mon, 25 Feb 2013, 02:48 PM
StockFanatic
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2013 is shaping up to be another reasonable year for equities but we have not been lulled into complacency by the strong start. We expect markets to exhibit many of the same characteristics as in 2012. Strong rallies built on optimism surrounding an improvement in economic/earnings momentum, punctuated by bouts of pessimism that drive corrections as earnings and policymakers disappoint, inflation risks rise and rates begin to re-price higher. Growth will be a more important driver of upside than liquidity.
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