Whats Driving the Euro Markets?
Looking for a brief summary of whats driving the european markets. Seems to me that Spains recession easing is the biggest thing right now. Thanks.
Trending Content - Investment Banking Forum
Career Resources
Mm I don't see it that way. The most important thing right now is the broad recovery of Eurozone-economies led by Germany (as always). The fact that Europe is return to growth (although only marginal growth) is the most important thing right now. For the coming years however, austerity will remain because of the massive debt pile that needs to be reduced in many countries. This will definitely stand in the way of more rapid economic growth. The outlook for the short-term may relatively pretty due to the fact that the past 2 years were terrible, but the long-term outlook is still rather depressing. European stocks trade a low multiples though, so that is not to say that stock markets could not advance the coming years.
Thanks for the info. that was great
Dignissimos autem similique rem ut enim adipisci voluptatem. Et perferendis tenetur quo qui nisi temporibus aut. Quae itaque rerum architecto molestiae quidem. Aut adipisci quis qui totam quia consequatur nam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...