Risk of earnings downgrades later this year: Herald Van Der Linde

We expect good performance from EM equities in 2017, says Herald Van Der Linde

Hong Kong–based Herald Van Der Linde, head of Asia equity strategy at HSBC, the London-based global financial services group, talks to Puneet Wadhwa on market outlook. Edited excerpts:
 
What are the likely triggers and risks for the (global and Indian) markets from here on?
 
A key trigger is the dollar. As its strength starts to wane, something we expect later in 2017, we should see EMs (emerging markets) and India outperform. Indeed, we believe, for these markets to perform, we don’t need to see a reversal in the dollar trend but that the trend of a stronger dollar