Erste Asset Management - Blog

Artikel zu Schlagwort: European stock exchange
Harald Egger am 05th March 2015

European shares – is it still time to get in on this one, or has the ship sailed?


We have seen European equities outperform their American peers in the year to date, both in local currency and in euro. Not even the increase of the US dollar relative to the euro of 8% made a difference to that. What is this pro-European optimism based on? After all, the US economy has seen a significantly better development than the Eurozone. The same is true for US companies, which have been recording profit growth, as opposed to Europe, where profits have generally been falling recently. The uncertainties in Greece and Ukraine only add to this scenario.

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