Despite recent investor flows into European equity funds, European equities still appear “anti-consensual” and offer value according to analysts at Barclays.
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European Equities Still Look Cheap But Not For Long
Poor earnings have been the dominant driver of dire European equity performance since 2008. Indeed, since 2008 European equity earnings in comparison to US earnings have declined by 40% on a relative basis. On a nominal basis, European earnings per share are running around 80% below comparable...

