10 Reasons Why We Are Bullish Europe
Less boring is good
Europe has spent a decade being boring, bureaucratic, and structurally doomed. It is the market everyone hates, under-owns, and promises never to touch again. And yet; credit is ticking up, inflation is rolling over, earnings are beating, spreads are tightening, and positioning & valuations remain conservative. Here are ten reasons the “eternal disappointment” might finally disappoint the bears.