The environment is still conducive to equities
Many investors are wondering whether it is still worthwhile to buy equities in the United States and the euro zone. We think that the answer is yes, considering that: Low interest rates make everyone solvent and rule out a recession; Interest rates are going to fall further; It seems reasonable to think that the United States and China are going to reach a compromise on their trade relationship and on other points of contention (intellectual property, opening up markets).