Singapore Stock Market News

Beyond 500 - Perspectives and Portfolios

StockFanatic
Publish date: Wed, 09 Jul 2014, 10:28 AM
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MSCI APxJ has convincingly broken above 500 (see technical strategy on page 26)
The initial move in markets was driven by compression in excessive risk premiums. To sustain the rally, we need growth to accelerate. This is happening despite conflicting data in developed economies. Our thesis is that EM EPS growth will start to exceed DM EPS growth moving into 2015. This should lead to capital flows into EM.
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