14 Apr 2025 5:16 am
https://www.bloomberg.com/news/articles ... reet-peersCracks in “US exceptionalism” will persist with the emergence of China’s DeepSeek artificial intelligence model, Europe’s fiscal expansion and rising trade tensions that will hit American companies harder than peers in Japan and Europe, a team led by Beata Manthey wrote in a note, downgrading US equities to neutral from overweight.
“The drivers of exceptionalism are fading, both from a gross domestic product and earnings-per-share perspective,” the strategists wrote. “The US market remains relatively expensive, while EPS downgrades are intensifying.”
MAGAts?
"Make a case! Yap!"
Took Crash Bandicoot THREE MONTHS!
He'll go down in history as "worse than Trump"...
“The drivers of exceptionalism are fading, both from a gross domestic product and earnings-per-share perspective,” the strategists wrote. “The US market remains relatively expensive, while EPS downgrades are intensifying.”
MAGAts?
"Make a case! Yap!"
Took Crash Bandicoot THREE MONTHS!
He'll go down in history as "worse than Trump"...