bull points Economic outlook good. Earnings and dividend growth have been good. Equity markets ar...
bull points Economic outlook good. Earnings and dividend growth have been good. Equity markets are reasonable value. bear points US interest rates are rising. Oil prices are close to record highs. Earnings growth set to slow. Financial market returns have been better than expected over the past 12 months. Although equity and bond markets generally still offer reasonable value and the global economic outlook is good, we believe returns in the near future will not match those of the past year. Investors are likely to be more cautious in the face of uncertainties created by the hi...
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