Annual & Mid-year Outlook | Equities
Preference for Cyclicals
Posted onKey takeaways
- Citi analysts expect single-digit percentage gains for global equities by year-end underpinning a positive outlook on equities. Citi favors Emerging Markets, Europe and Japan.
- Synchronized growth in the global economy and tax cuts in the US are likely to help drive another year of healthy earnings-per-share (EPS) gains in the US. Citi forecasts an EPS of +13% in 2018.
- Citi analysts highlight Energy, Financials, IT, Materials and Telecoms as the sectors to watch.
Citi analysts expect single-digit percentage gains for global equities by year-end underpinning a positive outlook on equities. Citi favors Emerging Markets, Europe and Japan.