A boosted forecast for US equities from CS, info comes via Reuters:
Credit Suisse citing
- a decline in the near-term U.S. recession risk
- “Our base case is that a recession will be averted, inflation will remain sticky near current levels, and monetary policy will tighten incrementally”
- a stronger earnings outlook for the largest technology-related companies
- raised its 2023 earnings per share estimates to $220 from $215
- raised its 2024 EPS forecast to $237 from $220