Deutsche Bank published its monthly European Equity Strategy Research booklet this week and the booklet contains little in the way of good years for European equity investors. Indeed, the report starts off with Deutsche Bank warning, “We see no further upside for European equities for the rest of this year.”
There are many reasons why analysts at Deutsche have arrived at this conclusion, none of which are good news for European equity markets or investors in general. The key concern is growth, or rather the lack of it.
Europe: Plagued by lack of growth
European equities are likely to be impacted by renewed growth concerns going forward. Over the past 12 months, periods of rising growth risk and falling Fed risk have typically...

