ING IM tips cyclicals to lead the way in 2015
Cyclicals will outperform defensives by 6% this year with consumer discretionary, industrials and technology all delivering earnings growth of at least 10%, according to INGs Patrick Moonen.
Cyclicals will outperform defensives by 6% this year with consumer discretionary, industrials and technology all delivering earnings growth of at least 10%, according to INGs Patrick Moonen.
An inflection point is taking place across equity markets inviting investors towards more cyclical names.
As Woodford and Mott turn round poor relative performance defensives may be the place to be.
Professional and private investors continue to buy up equities in record levels as cyclical sectors.