Credit Suisse's Palfrey Says Economic Strength to Bolster Stocks in 2nd Half

The video discusses global earnings trends, highlighting the strong performance of the US market driven by economic activity and tax changes. Despite concerns about future deceleration, the US economy is expected to remain robust. The tech sector is seen as attractive due to its long-term growth potential. Investors are advised to focus on core trends and demand sources, with the US market showing stronger prospects compared to global counterparts.

What trends have been observed in global earnings season according to the text?

How have tax changes impacted firms' performance in the US market?

What is the expected EPS growth excluding tax changes, and why is it significant?

What concerns are raised about the sustainability of earnings growth in the coming years?

How does the text describe the outlook for the US economy compared to trends overseas?