2024-01-19 18:38:14
Since the start of the year, the climate has deteriorated significantly on the markets. 596874697/carballo – stock.adobe.com
ANALYSIS – European companies, and particularly the CAC 40 champions, should do well.
Annual corporate results have almost never been awaited with so much impatience and nervousness. The markets rose significantly last year (+16.5% for the CAC 40). “The fourth quarter was thunderous, investors rushed to the stock markets, encouraged by the decline in inflation and the hope of an about-face in the monetary policies of central banks with significant reductions in rate in 2024», explains Gilles Guibout, head of European equities at Axa IM.
But, since the start of the year, the climate has clearly deteriorated on the markets. “There has rarely been so much doubt at the start of the year with political, economic, monetary, geopolitical and microeconomic questions.», notes John Plassard, director at Mirabaud & Cie. Besides, “central banks have considerably dampened market enthusiasm, with rate cuts likely to come later than expected», Estimates Gilles Guibout.
The results ball…
This article is reserved for stock market and investment subscribers. You have 80% left to discover.
Stock market and investments
Do you want to read more?
Unlock all items immediately. Without engagement.
Already a subscriber to Figaro Stock Market and Investments? Log in
#market #reveals #corporate #results