Credit Suisse is bullish on equities

[SINGAPORE] With the good stuff no longer cheap, an accelerating US economy and a lack of viable investment options mean equities will continue to perform, says the head of research at Credit Suisse Private Banking and Asset Management Giles Keating.

He believes that people are in fact underestimating how well the US - the largest economy in the world - could do this year.

The median US gross domestic product growth forecast for this year is 2.8 per cent, according to 83 estimates compiled by Bloomberg.