Global Growth Pick Up

Positive earnings revisions, a 9-month Dow winning streak, and surging US truck orders suggest a significant re-acceleration of the global economy. Current market conditions mirror top-decile historical cycles that typically yield double-digit annual equity returns.

Key Takeaways

• 1.S&P 500 earnings revisions are in the top quintile for the third consecutive quarter, suggesting strong forward equity performance.
• 2.Global growth is projected to accelerate significantly following a three-year period of stagnation, according to Sentix survey data.
• 3.The Dow Jones Industrial Average has achieved nine consecutive months of gains, indicating solid market momentum.

Table of Contents

• Fab Five
• Best of times
• DOW
• Still that cyclical bid
• US growth picks up
• Sentix survey suggest

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