Why investors are cautious on Europe

“that has a background of global growth which will be right now looking synchronized across the planet for the 1st time in many years, that will’s a pretty not bad environment in which to make money for European companies, which are very broadly based,” Stephen Macklow-Smith, head of European equity strategy at JPMorgan Asset Management, told CNBC Wednesday.

inside week commencing October 16, 25 companies on the pan-European Stoxx 0 will report their quarterly earnings.

“Europe will be as never bad as you fear; the idea’s never as not bad as you expect. So you might expect that will political risk will be right now completely receded along with of course the idea hasn’t, because there’s a populist backlash in many countries,” Macklow-Smith said, adding that will: “Populism isn’t going to go away although the key point to understand will be that will populism isn’t managing to rest control away through central ground.”

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