EFTA Document EFTA01458590

Macro outlook A glance at the equity markets The turnaround in interest rates is likely to make markets somewhat bumpier for investors. But history shows that the positive upwards trend continues after the first rate hike, although setbacks become more likely. Equities are still among the most favored asset classes in this environment. After all, the reason fora rate hike is economic recovery- and the corporate sector should benefit from this. The forthcoming monetary tightening cycle cou