Teun Draaisma Quotes
Central banks are raising interest rates, and that's risky for stocks. Expectations for earnings growth are too high.
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Central | Banks | Raising | Interest | Rates |
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Profit growth is going to slow down dramatically. It's not a great level to be entering the equity market.
- Teun Draaisma
With liquidity still strong, some valuation headroom remaining in our composite valuation indicator, and growth almost everywhere around the world stable to strong, it is hard to see why equity markets would not rise in the first part of 2006. We expect the positive equity market environment to run through into the first half of next year.
- Teun Draaisma
