European Equities: Value Strategies For 2014VW Staff
European equities, after digesting S&P’s downgrade of France, had to contend with rather tepid GDP growth during the third quarter. The European Union’s statistics office said GDP of the 17-nation euro area rose only 0.1% compared to 0.3% in the previous quarter. The region therefore avoided a contraction by a hair’s breadth, justifying the ECB’s recent action to cut interest rates.
The Yellen effect on European equities
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