Europe is starting to see green shoots of recovery, according to newsflow analysis from Societe Generale’s Global Asset Allocation team. European newsflow is showing confidence for the first time since late 2011 when the recession hit Europe full force, and concerns over the US political situation are turning Europe into the market favorite.
Europe regains favor in the market
“With governance improving in the eurozone, a government shutdown in the US and a banking union taking shape Europe seems to have regained favour in the market,” the report says. “Recent inflows in Europe equities and bonds ETFs & Mutual funds confirm the increasing popularity of the eurozone.”
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