Tuesday, April 28, 2015

European stocks attractive buy compared to USA stocks

The market in the U.S., from valuation point of view and relative to other markets in the world, is completely unattractive. European stocks represent much better value. And it’s not true that Europe is slower than the U.S. In the U.S., you have a slow down. Europe you have an improvement in margins. So I think European equities will continue to outperform.