THE HEISENBERG writes:
“We have seen this before”, SocGen’s Andrew Lapthorne wrote on Monday, in a kind of pseudo-lament.
What is “this”, you ask?
Simple. “This” is equities rallying despite lackluster profit growth. That was a defining feature of 2019. By all indications, it will be a fixture in 2020 as well, although folks are penciling in a rebound in bottom line growth stateside.
To read the full story, please click here.
The post HEI: How long can liquidity trump fundamentals? appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "HEI: How long can liquidity trump fundamentals?"