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From and within the US, the equities rally has ‘finally expanded’: Indosuez Wealth Management

Jovi Ho
Jovi Ho • 4 min read
From and within the US, the equities rally has ‘finally expanded’: Indosuez Wealth Management
Gains are no longer concentrated in growth stocks alone but have spread to the cyclical and value sectors. Photo: Bloomberg
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Market momentum has shifted in the last two months and some markets that had lagged, such as China and the UK, have played a strong game of catch-up, says Laura Corrieras, equity portfolio manager at Indosuez Wealth Management.

This broader participation in the market rise can also be seen at the sector level, where gains are no longer concentrated in growth stocks alone but have spread to the cyclical and value sectors, adds Corrieras. “The market is finally starting to benefit from broader support.”

Europe’s earnings momentum

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