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Slowdown in positive data to test market's faith in reflation trade, say strategists

Expected earnings for S&P 500 companies over the next four quarters bottomed out in March 2016, shortly after oil prices reached a trough.

New York

INVESTORS who were betting on US reflation but are now worried about President Donald Trump's ability to push through his pro-growth agenda may be in for an unwanted economic surprise: a lack of them.

A growing chorus of strategists are warning that the jolts of economic...

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