News Formal

UBS global strategist Garthwaite says European stocks are set to outperform U.S.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 72%

Breaking News: Markets ニュース

STOXX 600,S&P 500 Index,Stock Markets

'We think that there are good idiosyncratic reasons why the US should underperform,' the strategist said in a note to clients.

It may be time for U.S. stocks to underperform their European counterparts, according to UBS global equity strategist Andrew Garthwaite. "We think that there are good idiosyncratic reasons why the US should underperform," the strategist said in a note to clients. First, UBS thinks the global economy has reached a point that would make American companies more vulnerable. Historically, when global purchasing managers indexes rise more than 2 points over six months, the U.S.

This gap is now set to close quite sharply as US excess savings have largely been used and US immigration is likely to be peaking," Garthwaite wrote. .SPX .STOXX YTD mountain SPX vs STOXX 600 UBS also listed the U.S. fiscal policy as a risk factor. The U.S. currently has a massive $34.7 trillion debt load. The budget deficit for 2024 is running at $1.2 trillion with four months left in the fiscal year. In 2023, the shortfall totaled $1.7 trillion.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

UBS revises the Top 20 European SMID stocks listUBS revises the Top 20 European SMID stocks list
ソース: Investingcom - 🏆 450. / 53 続きを読む »

UBS on whether you should own European stocksUBS on whether you should own European stocks
ソース: Investingcom - 🏆 450. / 53 続きを読む »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
ソース: CNBC - 🏆 12. / 72 続きを読む »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
ソース: NBCNewYork - 🏆 270. / 63 続きを読む »

European stocks open marginally higher after European Central Bank cutEuropean stocks opened slightly higher on Friday, after closing at a record high during the previous session.
ソース: CNBC - 🏆 12. / 72 続きを読む »