Q2 Earnings Recap: US Earnings Surprise to the Upside
SUMMARY US large-cap earnings have continued to grow and surprise to upside. Europe, Japan and US small-cap, while weaker (and cheaper) are improving. If this proves sustainable, we see a potential rotation from Growth to Value and International. At Riverfront, we use our 3 ‘Earnings Principles’ (detailed in this Strategic View commentary) to create a framework for [...]
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