It has been a strong showing for European equities in recent weeks, with the European Central Bank (ECB)'s policy action – and the rate cut in the US – all helping to lift shares higher.
However, if one looks under the hood, European economic output is the big elephant in the room for the region now. Brexit Blog: Johnson pledges to end Brexit paralysis at CBI conference What should be chief among investors' concerns? We have a very weak manufacturing industry in Europe, with German manufacturing now in one of the deeper recessions seen over the last 25 years. On top of that is, of course, Brexit. And while the European Commission remains positive on the outlook for growth and jobs broadly, earlier this month it conceded the external environment has become "much les...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
