Binky Chadha
  • Deutsche Bank's chief US equity strategist says strong corporate earnings and a weakening greenback will help stocks rally.
  • Binky Chadha predicts the S&P 500 will increase 2.5% in the near-term to about 4,250.
  • There's still a lot of uncertainty for markets moving forward, he said, noting the economy could "suddenly crash." 

Stronger-than-expected first quarter earnings and a weakening US dollar will help the stock market rally in the near term, according to Deutsche Bank's US stock chief.

Bankim "Binky" Chadha, chief US equity and global strategist at Deutsche Bank, predicts the S&P 500 will trend upwards by approximately 2.5% in the near-term to above 4,250. Equities historically tend to rise as companies report fiscal results, Chadha says, and a series macro drivers are stacking up in the markets favor.