Global Stock Market Outlook: Why European Equities Will Outperform US
- There are five reasons why European stocks may soon start to outperform US equities, according to JPMorgan.
- That includes the fact that the Eurozone is the cheapest compared to any time pre-COVID and that China’s economic outlook is improving.
- But an economic downturn in the US or a possible trade war could cast a shadow over a Eurozone rebound.
The tides are turning for the US stock market’s dominance over its European counterpart. According to JPMorgan, European equities may soon outperform their American peers.
“We are now closing the US over Eurozone [overweight],” analysts led by Mislav…
