However, regardless of the Greek conundrum, the strength of European equity markets is undeniable. Markets continue to rise owing to the strong influx of liquidity into the market.
“Fundamentals do not count at the moment, given the amount of liquidity in the system and the lack of profitable investment alternatives,” analysts at Link Securities said.
This is the reason why global markets, not just European, are reaching record highs – with the Japanese Nikkei surpassing 20,000 points on Friday, something not seen since the year 2000.
Be the first to comment on "European equities: The party has started"