European stocks have lagged US ones by 20%. JPMorgan says now is the time to pounce.

JPMorgan in a note said that now is the time to move into European stocks. The bank's equity strategists previously had favored US stocks, but"now believe that that there is a tactical opportunity opening up for eurozone to catch up." This comes despite obvious threats in the European economy, namely Brexit and a slowing German economy that could be headed for recession. The analyst upgraded the euro region to overweight while pushing the US to neutral.

JPMorgan in a note said that now is the time to move into European stocks. The bank's equity strategists previously had favored US stocks, but"now believe that that there is a tactical opportunity opening up for eurozone to catch up." This comes despite obvious threats in the European economy, namely Brexit and a slowing German economy that could be headed for recession. The analyst upgraded the euro region to overweight while pushing the US to neutral.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

One big stock is holding up the entire stock market right now, says Allianz strategistMicrosoft is turning into a clear favorite these days for investors who are running scared of regulatory issues for their favorite stocks.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »