The Chief Strategist: Jyske Bank changes equity strategy
The main focus this week will be on Q3 earnings reports, China data and US taxes.
And then Jyske Bank has a new equity strategy: "Late-cycle optimism.”
Equity markets have remarkably resilient and high performing in 2017. In some ways valuations resembles late-cycle, but performance are early-cycle like.
Healthcare reduced to Neutral, and Industry raised to Overweight.
