Forget The Elections, Earnings Will Drive Stocks In 2017

Will earnings will drive stocks in 2017?

With a raft of significant elections set to take place in Europe throughout 2017 and Donald Trump’s ascension to the White House planned for later this month, it’s only natural that investors be worried about what impact the global political environment will have on equities during 2017.

• Trump Policies Could Boost S&P 500 Earnings By 11%
• Moody’s: E&P Earnings Will Grow 30% In 2017

However, analysts at Barclays believe that investors should not be overly concerned about the global political backdrop when it comes to European equities this year. Instead, Barclays’ European equity analysts believe earnings, not elections will drive European equity returns during 2017.

European earnings returning to growth 

According to Barclays’ analysts,...