Key Takeaways from Jonathan Garner, Morgan Stanley's Chief Asia and EM Equity Strategist: @AlliesFin
Earnings and Interest Rates
1. Earnings revisions in Nov & Dec were significantly negative.
2. Expects the earnings down cycle to end by the June quarter.
3. Interest rate cuts will aid the earnings recovery story.
Trade and Market Outlook
1. India and Japan are unlikely to be affected by tariff and non-tariff barrier escalations.
2. Globally and locally, the outlook remains constructive for India.
Market Overweights and Underweights
1. Overweights: Japan, India, and Singapore.
2. Underweights: China, Korea, and Taiwan.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
