Will earnings momentum continue to rise from here?

A cursory glance through global news headlines might suggest the proverbial 'wall of worry', that markets are prone to climb, might not be short of a few bricks.

Yet for all the apparent fretting, equities have been edging higher, while volatility levels have stayed extremely low.  With the exception of ongoing political fallout surrounding alleged White House ties with Russia, and the recent sabre-rattling between the US and North Korea, there has not really been much to cause serious concern in terms of real world ‘impact'. In my view, the global macroeconomic environment remains reasonably strong, and supportive of equities.  This is not to ignore some important issues. In the US, it is interesting to observe that equities are beginning ...