Constructive but vigilant

The global upturn is likely to continue to drive corporate earnings in 2018. Equities still have room, but risks are growing.

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All opinions and claims are based upon data on 12/7/17 and may not come to pass. This information is subject to change at any time, based upon economic, market and other considerations and should not be construed as a recommendation. Past performance is not indicative of future returns. Forecasts are based on assumptions, estimates, opinions and hypothetical models that may prove to be incorrect. Deutsche Asset Management Investment GmbH

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