Global stocks rose Friday as optimism grew about an improving U.S. labor market ahead of key jobs data. As a solid second-quarter earnings season winds down, experts tell CNBC they expect earnings per share to move up 15 to 20 percent next year.
EPS to Rise 15-20%
Most analysts expect earnings per share to move up 15-20% next year, says Lorraine Tan, VP of equity research at Standard & Poor's Equity Research.
US Recession Should End Second-Half 2009
Ilian Mihov, professor of economics at Insead, says the U.S. May payrolls data is likely to be more optimistic but expect the jobless rate to continue to creep up.
Controlling Liquidity
Cutting interest rates to zero may add liquidity to the banking sector but central banks need to ensure this gets to corporates, notes Alessandro Tentori, chief of Alpha Strategy, Interest Rate Strategy at BNP Paribas.
ECB Will Cut Rates By Year-End
ECB will cut rates by the end of the year, says Alessandro Tentori, chief of Alpha Strategy, Interest Rate Strategy at BNP Paribas.
China's Yuan Has a Bright Future
Walter Molano, managing partner and head of research at BCP Securities, says China's Renminbi can become one of the world's major currencies once capital controls are removed.
Buying on the Dips
The dynamics of the stock market have changed over recent weeks and investors are now looking to buy dips instead of sell rallies, Chris Tinker from ICAP told CNBC.
Buy Emerging Markets Now
Emerging markets tend to do very well during an economic recovery and investors should get in now, Maarten Jan Bakkum from ING Investment Management told CNBC.