Mixed tech earnings stall market rally, Edmond de Rothschild says
Bitget2026/10/30 15:22- Edmond de Rothschild remains upbeat on equities but favors geographic and thematic diversification beyond the US and artificial intelligence.
- Mixed technology earnings halted the market rebound, although third-quarter corporate earnings growth reached around 28% across the US and Europe.
- The Fed, ECB and Bank of Japan held rates steady; investors largely priced in December increases.
- Credit spreads tightened despite geopolitical risks, with Xover narrowing 20 basis points; European high-yield bonds returned 0.34%.
- The investment outlook retains a slight overweight in duration despite some profit-taking, reflecting bonds' safe-haven role during equity declines.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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