Post Rep Season Analysis | Picking quality through volatility

Mathan Somasundaram

Global markets have outperformed earnings outlook in recent months on very low interest rates and central bank stimulus despite substantial macro uncertainties raising risk. The global markets will react to every potential US rate hike period due to the recovery in the US economy. US Fed has continued to remain relatively dovish through the cycle and we expect them to remain that way till December. The US market trading on stretched multiples will continue to worry about potential September rate hike over the next few weeks before moving on. We see the short term risk as a good opportunity to increase market exposure at cheaper levels as uncertainty drives profit taking. We have sieved the market to pick the quality performers through the reporting season. Preferred picks are... (VIEW LINK)


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