Where now for European equities?

EUROPE

clock • 5 min read

European equities have re-rated despite little positive news and could go much higher when the earnings cycle turns, forecasts Olly Russ, co-founder of Argonaut Capital Partners.

Equity markets have been in a defiant mood so far this year. In Europe, the Citi Economic Surprise index (which compares actual events to economists’ predictions) has seen a slump as sharp and as sudden as anything witnessed over the last five years, reaching the lows last seen in summer last year, and indeed the summer before, when equity markets had the decency to follow suit. Back then, the eurozone crisis was looming large, and a disorderly eurozone break-up was being widely touted. This time though, the deteriorating economic situation in continental Europe has left equity markets s...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Partner Insight: Playing Defence with Dividends

Partner Insight: Playing Defence with Dividends

Today’s equity markets are characterised by bouts of volatility, spurred by geopolitical tensions and macroeconomic uncertainties, mainly due to the start-stop nature of the US-initiated global trade war. This has investors seeking strategies that offer...

Reineke Davidsz and Najib Nakad @ VLK Investment Management
clock 10 July 2025 • 3 min read
Stock pickers urge caution over rapid return to US equities

Stock pickers urge caution over rapid return to US equities

Quilter and Fidelity

Linus Uhlig
clock 01 July 2025 • 1 min read
Deep Dive: US equities may not have peaked but do require greater selectivity

Deep Dive: US equities may not have peaked but do require greater selectivity

Amid equity rebalancing

Linus Uhlig
clock 13 June 2025 • 4 min read
Trustpilot