Barron’s (November 20)
2017/ 11/ 22 by jd in Global News
According to Bank of America Merrill Lynch’s Ajay Kapur, “Asian and emerging markets could easily double over the next two years or so…. It is really earnings that are driving Asian markets. Global growth is not that strong, but it is pervasive. Of the 38 countries from which we get purchasing-managers index information, 87% are above 50, which means they are expanding. That’s the highest since 2011.”
Tags: Asia, BoA, Earnings, Emerging markets, Expanding, Global growth, Kapur, Merrill Lynch, PMI
