MBCC TH 9th May'23 - "Market is binary here, which road will you take?"

The reason you invest today rests on whether you believe this one simple chart (by Factset)..it all boils down to this one simple question:

Do you believe the Earnings Recovery from Q3’23 onwards? If you can answer that question, then your asset allocation choice is simple..

So what do we think? More importantly, what do our forward looking indicators tell us? Therein lies the trade..