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Edison Insight April 2023

This is the April edition of Edison Group’s Insight. They open with a strategy piece by Alastair George, who believes that the recovery from the March banking mini-crisis is welcome and will give comfort that the weakest links in the financial chain have been dealt with. That there has not been a cascade of collapsing institutions is a testament to the improvements in banking sector regulation since 2008. However, following the recovery in equity index levels during April, mere mid-single digit consensus earnings growth for global equities seems an insufficiently attractive foundation for a major rally. Readers wishing for more details should visit the Edison website, where reports are freely available for download.

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