Goldman Sachs Chief European Strategist, Peter Oppenheimer, says investors should look to European equities to outperform in 2014

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Goldman Sachs Chief European Strategist, Peter Oppenheimer, says investors should look to European equities to outperform in 2014. Oppenheimer says companies based there continue to see profit growth, despite relatively weaker overall economic progress. Clearly there's been a big period of outperformers of equities relative to government bonds. We expect that to continue. Oppenheimer also appeared bullish on the euro-which has stabilized since the peak of the European debt crisis-and forecast the euro zone to have 1.1 percent year-over-year growth in 2014 that will lead to 1.5 percent growth in 2015. Goldmans' European economist, Huw Pill, believes policy settings in Spain are taking hold and the country has a good medium term outlook along with the UK. (VIEW LINK)


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