Europe’s equity outperformance is real, and even stronger once adjusted for FX. Our Chart Of The Week comes from Jeremie Peloso, Chief European Investment Strategist. Banks and defense stocks (not tech and communication services…
This year, we once again present our 2026 outlook as a retrospective from the future – a future in which the AI boom turned to bust.Next week, please join me for a Webcast on Wednesday, December 17 at 10:30 AM EST (3:30 PM GMT, 4:30…
Our European strategists expect a return to growth in 2026, supported by AI-related investment, continued NGEU fund disbursements, and easier ECB policy. As inflation falls well below target in H1, the ECB is likely to deliver one to…
Europe is not left out of the AI race. Despite lagging US and China in LLMs and AI capex, Europe is quietly making progress where it matters, including industrial adoption. European capitals and the EU seem committed to not let that…
The November Ifo survey disappointed, highlighting weakening expectations for Germany and limited near-term upside for European growth. The Business Climate Index fell to 88.1 from 88.4, driven by expectations dropping to 90.6 from…
Markets are increasingly pricing an end to the global easing cycle, with many central banks expected to remain on hold. But uncertainty remains high, and policy surprises are likely going into 2026. This Strategy Report breaks down…
Markets are increasingly pricing an end to the global easing cycle, with many central banks expected to remain on hold. But uncertainty remains high, and policy surprises are likely going into 2026. This Strategy Report breaks down…
This week, our screeners explore opportunities arising from Europe’s electrification, identify high-quality Rare Earth plays, and propose a portfolio to hedge against a major global conflict.
The ECB held rates at 2% for a third consecutive meeting, signaling policy stability as inflation sits at target and growth risks fade. The European central bank has cut a total of 200 bps since 2024, and while inflation could…