According to Citi, EPS growth of global stocks is likely to slow from 16% to 5%, while EPS growth of US stocks should slow from 23% to 4% due to its high dependence on trade.
SINGAPORE (June 25): Diversify your investments; Don’t time the markets; and look at opportunities in Emerging Markets, says Citi Private Bank in its mid-year outlook report.
Although global economic growth appears firm for the time being, the trade war between China and the United States as well as the Iran oil export sanctions have cast a pall of uncertainty over the investment horizon.
