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21 July 2017 (TheAge) – Earnings expansion spreads to all Australian sectors: Credit Suisse (‘Expect more bull’ in equities as global profits are inflated)

(21 July 2017, The Age, BusinessDay, p25, Jessica Sier)

‘The pick-up in inflation across developed economies has led to a boost in global profits, giving investors cause to cheer the third and final phase of the Australian equity earnings expansion, says Credit Suisse.  Initially sparked by a recovery in commodity prices that have boosted resources stocks, the bank believes the rest of the market is set to enjoy earnings-per-share growth, as the global economy normalises and central banks begin to tighten interest rates. ‘

Read more at TheAge.com.au

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