Amundi Ups Earnings Projections on US-China Tariff Pause
Amundi Investment Institute Head Monica Defend discusses the impact on markets and asset allocation strategy as a temporary tariff pause between the US and China is in place. "We lifted our projection on the S&P 500 operating earnings from 3 to 5% and in Europe, up to 2%," Defend tells Bloomberg Television. "This is subject to the pause to be maintained over time."
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