Baring: Sell Europe, Buy the US and Japan

Livewire News


Baring: Sell Europe, Buy the US and Japan. On the question of Europe's equity market health Marino Valensise, CIO of Baring Asset Management says There is a lot of interest in the European Economy and European investments. We've seen in the last few quarters that there has been a dramatic rally in asset prices which has not been matched by earnings growth. Earnings have barely changed. Valensise says for the markets to continue their upwards trajectory European stocks will need to grow earnings by about 13% next year, which is extremely ambitious. On the flipside, Valensise says that both the US and Japan are much better placed to achieve on expectations. The two markets we prefer are the US and Japan, where the monetary authorities have been, and in one case will continue to be, very generous. Watch the video:


Livewire News
Livewire News

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment