Asia

Earnings season kicks off this week with major banks reporting, including JPMorgan, Goldman Sachs, Wells Fargo and Citigroup.S&P 500 companies overall are expected to have increased earnings by 8.8 per cent in the third quarter from a year earlier, according to LSEG IBES, and strong results will be needed to justify the market’s high valuations.”Our guess is you might get, at least in the very near term, a more volatile and directionless environment for some of the risky assets. Ultimately, whether or not you go against the market in this environment depends on your conviction,” said Homin Lee, senior macro…

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