Cheap Valuations, Weaker Euro Could Boost European Equities

Barclays has advise for investors: Don’t Exit Europe. Despite the poor recent performance of European equities since May – the Dax index, dropped nearly 10 percent from high to low recently – now is could be the time for Europe to shine. European equities affected by Russia’s invasion in Ukraine While poor performance in May is mainly attributed to Russia’s invasion of Eastern Ukraine, the main cause could be more fundamental – and could be reaching a turning point, if history is any guide. Negative data surprises in the region have reached an extreme and could revert back to the…