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Equity markets: Watch out for the swinging doors!

The signal launched by the deterioration in US companies’ margins can for the moment be put into perspective.

As long as US 10- year yields remain contained between 2% and 3% and corporate profits improve, which should be the case at least until the autumn given the favourable base effects, the equities cycle can continue.

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MIJOT Eric , Equity Strategy
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Equity markets: Watch out for the swinging doors!
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