Credit Suisse says Asian stocks will kick off an ‘earnings super-cycle’ in 2021

Credit Suisse said Asian stocks look set to outperform global markets next year as an "earnings super-cycle" is expected to kick off across the region.

Credit Suisse's favorite market is South Korea, where stocks are cheaper than their North Asian peers.SINGAPORE — Asian stocks look set to outperform global markets next year as an "earnings super-cycle" is expected to kick off across the region, Credit Suisse said. "Asia ex-Japan is our biggest overweight globally," Dan Fineman, co-head of Asia-Pacific equity strategy at Credit Suisse, said in a webinar Thursday that discussed the bank's 2021 outlook.

In addition, improving exports and appreciating currencies will also support Asian stocks, which are still under-owned by foreign investors, said Fineman.Among Asian markets, Credit Suisse likes South Korea the most, forecasting an EPS growth of 43% in 2021.

dont know about Ali Baba

this is terrible news

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

These surprises could change the story for the stock market in 2021, Credit Suisse saysNew for subscribers: These surprises could change the story for the stock market in 2021, Credit Suisse says. Check out CNBCPro today. Pro BarackObama CNNPolitics MichelleObama JoeBiden KamalaHarris nytimes TheDemocrats SenateFloor
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stock picks to buy, companies to beat low expectations: Credit SuisseCredit Suisse says buy these 13 'top of the crop' stocks that are set to demolish the market's low expectations of them Ok
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

ViacomCBS, Farfetch, Credit Suisse: What to Watch When the Stock Market Opens TodayStocks hit in the Archegos liquidation regained some ground while tech keeps selling off
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Chewy, Deliveroo and Credit Suisse: What to Watch When the Stock Market Opens TodayStock futures wavered between gains and losses ahead of the rollout of President Biden’s multitrillion dollar spending program My encounter with miss Amelia markdonald actually changed my life and for that I’ll keep upgrading people for he's good job thanks once again AMELIMARKD
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »

Equifax, Credit Suisse, Ether: What to Watch When the Stock Market Opens TodayHere’s what we’re watching ahead of the opening bell on Thursday
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »