European Stocks Trade At 32% Discount To US Equities: BarclaysMani
With European stock markets trading at a 32% discount to the U.S., a March 21st report from Barclays suggests European valuations appear heavily discounted.
Barclays PLC (NYSE:BCS) analysts Ian Scott and colleagues also note valuations in emerging markets are low and their earnings are tightly linked to exports.
Bullish sentiment in global equities
The Barclays’ analysts point out that despite fears of a slowdown in China, political tensions in Ukraine and Fed tapering, stocks have been relatively resilient. The analysts believe global equities could rise further in . . .
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