3 Point Analysis | Event risks may keep US markets edgy

While the US markets have been rock solid in the first three quarters of the calendar year 2018 amidst trade war mainly driving the strong earnings growth. Consensus earnings growth expectations for the CY 2018 is about 20 percent remarkably higher than the earnings growth witnessed in CY 2017.

Domestic macro and micro backdrop were partially aided by fiscal stimulus in the year when the monetary policy tightening speeded up.

 Growth slowdown concerns however are weighing big. S&P 500 is down close to 20 percent from its all-time.

Sakshi Batra does a three-point analysis on why have the US markets fizzled out now and what’s the outlook going forward.