Macroeconomic Outlook and Investment Strategy

The macroeconomic environment is currently viewed as solid, predicting a no-landing scenario with sustained growth. Analysts expect strong earnings growth, projected at double digits this year and high single digits for the following year, supported by a resilient labor market and moderating inflation. A strategic focus on U.S. equities is emphasized, especially as there is a significant amount of cash on the sidelines ready to re-enter the market. A relief rally is anticipated as uncertainty around the upcoming elections subsides, regardless of the election outcome.