Investors don't understand just how important China is for European stocks, asset manager says

div > div.group > p:first-child"> Speaking to CNBC's"Squawk Box" on Wednesday, Saunders said that Chinese demand has"been a very significant driver of growth" for those shares over the last few years. And, when that demand slips, it's led to declines.

As a result of such policies, which are set to boost growth, Saunders expressed confidence that the"very unloved" European equity markets might well"be a significant beneficiary" of that change. Still, Saunders said, not all European equities are necessarily going to rise after Chinese domestic stimulus kicks in. Rather, companies with direct links to demand in China will be poised to benefit the most, he added.

merkel is trash

Is that why Europe has turned a blind eye to their human rights abuses and kowtow like an eunuch these days?

Who are these “investors” with neither brains, nor AI ?

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Source: WSJ - 🏆 98. / 63 Read more »