1106 days ago • Posted by Charles-Henry Monchau
Euro area equities are beating US and rest of the world since the start of the year
The blue-chip Euro Stoxx 50 Index has surged 11% this year, outpacing other major market benchmarks including the S&P 500 Index and the Nasdaq Composite Index. Even as it flirts with a record high, the broader Stoxx Europe 600 Index trades at a discount of about 21% to the S&P 500 on the basis of its 12-month forward earnings. Source: Bloomberg
