By SIMON CONSTABLE
Global stocks look set to surge from here.
It's because they are about to pass a significant earnings milestone. Here's what's happening and why it's good news for equity investors.
Earnings per share for all the public companies in the world could be about to surpass $30, according to a recent report from brokerage company Charles Schwab. The firm bases that figure on an analysis of consensus EPS estimates for the next 12 months for the stocks in the MSCI All Country World Index. Read more here.