Don’t get overly concerned with politics, a Barclays report advised, European equities are likely to move higher based on earnings. Assuming no EU political risk in 2017 — a significant assumption — its time to dive into EU stocks, the January 3 report said, as earnings will trump elections as heretofore illusive inflation is expected to enter the market environment. European equities have depressingly diverged from their US counterparts In the wake of the 2008 global financial crisis, a correlation divergence occurred that has Barclays Macro Strategy investment research team “depressed.” In a report titled “Earnings over Elections,” the investment…
Signs Of Life For European earnings After Half Decade Of Stagnation: Barclays
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.