04 Jan Generational Opportunity in European Equity Markets
Germany’s Ifo Business Climate Index has climbed to its highest level in 50 years. The surge in optimism coincides with a 25 year low in Germany’s unemployment rate. Business confidence in France has also improved remarkedly to a 17 year high fueling real y/y GDP growth for the 3rd quarter 2017 hitting 2.2%. Supported by an ultra-accommodative ECB, this really is a sweet spot for European equity markets. Don’t be late.
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