Market expectations have come down but you've already seen in the UK, for example, numbers which are disappointing, but better than the low expectations out there in the market. Jonathan Stubbs More Quotes by Jonathan Stubbs More Quotes From Jonathan Stubbs We still expect equity returns to be driven by modest growth and some re-rating this year, but volatility is likely to remain near-term. Jonathan Stubbs company-news Europe is seeing a pretty broad recovery on pretty firm foundations, but CEOs who have to answer to shareholders are still more likely to err in favour of capital distribution, especially with interest rates at these levels. Jonathan Stubbs industrials
