Most European companies have now reported their second quarter earnings and, on the whole, they have...
Most European companies have now reported their second quarter earnings and, on the whole, they have been good. Many have delivered profits ahead of expectations. I have recently met with companies from a range of industry sectors and most seem confident about the outlook for earnings. This reaffirms my positive outlook for European stock markets. I have been pleased with the performance of most of the companies I invest in. The banking sector is an example of an area of the market that has been particularly good for my funds. Companies such as BBVA of Spain and France's BNP Paribas repor...
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