European Cyclicals Poised To Grow As Valuations Decline: Barclays
European equities dipped slightly following the Fed’s decision not to taper, ending what had been a strong run so far last month. But the underlying trends haven’t changed, and Europe looks poised to really start growing in 2014. Uncertainty is down in Europe, and assuming no surprises (like the results of the asset quality reviews coming early next year), cyclical Euro stocks are a good place to be, argues Barclay’s . . .
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