The initial estimate for GDP growth shows a slowdown to 0.7% for the third quarter of the year, compared to 0.9% in the second quarter. However, 0.7% quarterly growth is only slightly below average growth since the start of 2013, and remains indicative of a robust economy.
Equity markets have experienced a setback recently and this has led many strategists to question the longer term case for the asset class. However, we remain positive on shares and believe that equities can still generate an attractive premium for investors.
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