Impressive profits growth expected in equities this year | Morning Markets

The pendulum has swung the other way in markets. Today, Kevin Kidney, Head of Asset Allocation, looks at the recovery in global equity prices since last week and the optimism on corporate earnings ahead as all major equity regions are expected to deliver impressive profits growth over the next 12 months. We also get a look into the market expectations of interest rate cuts in the US given the path of declining inflation pressures and whether the Bank of England is likely to stay in lock step with the FOMC’s (the monetary policy committee of the Federal Reserve) trajectory.