Bank of America Securities Predicts European Equity Selloff as US Economic Data Weakens
===============
#a9263a20 ver:0.11
Bank of America Securities predicts a European equity selloff as US economic data weakens, citing historical indicators of impending US macro weakness. They project a 15% downside to the Stoxx 600 index by Q1 2025. However, hedge funds and mutual funds are increasingly betting on Europe as the next driver of the global equity rally, with increased exposure to European stocks. Some strategists remain optimistic, citing improving economic data and attractive valuations. The future of European stocks remains uncertain, with diverging outlooks and concerns about growth momentum. #EuropeanEquities #USMacroWeakness #HedgeFunds #GlobalEquityRally...
#newstr #EuropeanEquities #UsEconomicData #Selloff #BoaSecurities
https://here.news/story/a9263a20?ver=0.11
Bank of America Securities Predicts European Equity Selloff as US Economic Data Weakens /
npub16x…r5jqx
2024-05-17 16:02:44
Author Public Key
npub16xgf790cqce9sc8la0veqfqctwsy4478ahwnfs50yl5de2cyev3s2r5jqxPublished at
2024-05-17 16:02:44Event JSON
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"content": "Bank of America Securities Predicts European Equity Selloff as US Economic Data Weakens\n===============\t\n#a9263a20 ver:0.11\n\nBank of America Securities predicts a European equity selloff as US economic data weakens, citing historical indicators of impending US macro weakness. They project a 15% downside to the Stoxx 600 index by Q1 2025. However, hedge funds and mutual funds are increasingly betting on Europe as the next driver of the global equity rally, with increased exposure to European stocks. Some strategists remain optimistic, citing improving economic data and attractive valuations. The future of European stocks remains uncertain, with diverging outlooks and concerns about growth momentum. #EuropeanEquities #USMacroWeakness #HedgeFunds #GlobalEquityRally...\n\n#newstr #EuropeanEquities #UsEconomicData #Selloff #BoaSecurities \n\n https://here.news/story/a9263a20?ver=0.11",
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