The Wall Street giant highlighted in a note Tuesday that European fourth-quarter earnings showed corporate health extended beyond the region's bedrock sectors of banking and energy.
"Regional stock markets have been on a good run year-to-date, but remain at a discount both on a historical basis and versus U.S. peers," said Helen Jewell, EMEA deputy chief investment officer at BlackRock Fundamental Equities. A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange in New York City, October 14, 2022.LONDON — European corporate earnings were surprisingly resilient in the fourth quarter of 2022, and the continent's stock outperformance of the U.S.
"Companies in Europe surprised analysts with their recent earnings performance. Regional stock markets have been on a good run year-to-date but remain at a discount both on a historical basis and versus U.S. peers," said Helen Jewell, EMEA deputy chief investment officer at BlackRock Fundamental Equities.
Good. Go to Europe, BlackRock and leave us alone. 2024election is coming...
Pays better DIVIDENDS TOO!!!
Europe is still ahead in many areas and this rebound is only natural
It’s all a scam by the big boys
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