Page Three - US earnings and Samsung (October 11)

This week, US Q3 earnings season picks up with financials, JP Morgan Chase, Wells Fargo, Citibank and Bank of America reporting. In Asia, MSCI Asia ex-Japan heavy-weight, Samsung Electronics provides preliminary estimates on its Q3 numbers.

The Global Thematic portfolio is currently net long approximately 70% in global equities on the belief that a stronger USD, higher rates, supportive economic data, constructive earnings and a need for Q4 performance will propel equities higher for the remainder of the year. The bulk of the positioning is in developed markets and sectors which we think will outperform considering this economic backdrop.