Don’t be too impressed by earnings “beats”
DWS | Quarterly earnings are down year-on-year and 2020 forecasts are being cut further. It’s hope that is driving markets for now.
european stocks
Markets: There will be opportunities throughout the year…
Renta4 | Markets have advanced much in little time, with advances of 20% in Europe and 25% in the US in the last four months. This strong performance has been produced in an environment of clearly accommodative central banks, although the market “seeks” even more, discounting interest rate cuts both in the US (probability 50%) and in the Eurozone although to a lesser degree (probability 20%). At the same time, dissension is emerging in the heart of the ECB about the deposit rate
US banks vs European banks: Why such a gap in returns
Ofelia Marín Lozano | Why in the last 11 years, an investor in the American banking sector has obtained a positive profitability of 70%, whereas an investor in the European banking sector has obtained a negative return of 60%.
Europe: PER around 15.4 times, with a more than reasonable yield of 3.58%
Alphavalue | The results season has passed half way and the balance is positive, again more so in the US than in Europe, but with solid figures on both sides of the pond.
European stocks down due to Greek saga
The Corner | June 5, 2015 | Reactions to yesterday’s meeting between Tsipras and Juncker will focus the attention of European equity markets today. The Eurostoxx 600 Index dropped 0.8% to 389.64 at 8:09 a.m. in London, down 5.8% since a record in April.
Emerging markets = Investors’ Achilles heel
The Corner | March 11, 2015 | The market still points to emerging markets as one of the most vulnerable areas in the global economy. The absence of a rebound in the price of commodities (despite oil’s recent revaluation) is hampering these countries’ economic recovery.
Market chatter: well-rested European stocks are back to work
MADRID | By Jaime Santisteban | European markets are happily back from Easter as Wall Street enjoys its highest gains in 6 months. Spanish Ibex 35 keeps last week’s positive mood. Risk premium drops to 155 basis points. Spanish Treasury will sell up to 3 billion euros in 3-month and 9-month bills today.