European Equity Dividend Scorecard For Defensive Investors

European equity investors should seek safety in defensive stocks ahead of a month of "monetary madness" according to an Equity Strategy research note from Deutsche Bank .

Monetary policy, a key driver of equity markets since the end of the financial crisis, is set to go into overdrive during September. The ECB is likely to announce further easing measures on December 3, November’s non-farm payrolls report (a key determinant of the Fed’s next policy steps) coming out on December 4 and the Fed then likely to hike interest rates for the first time since 2006 on December 16.

European equity investors should adopt a defensive stance

Deutsche Bank believes that the ECB is now doing what it can to facilitate a December Fed lift-off...