Europe’s resilience creates allure for stock buyers – Fund Selector Asia ...Middle East

While Europe continues to grapple with the economic wounds stemming from the Russia-Ukraine war, investors should be aware of the healing signs that build a good case for equities . “The eurozone’s resilience, including its weathering of the energy crisis last winter, continues to be underappreciated,” said Simona Mocuta, chief economist at SSGA. Reflecting this is the 3.4% real GDP growth last year in the face of predictions of a recession. Further, the 0.3% expansion during the second quarter of 2023 has pushed forward the onset of any potential recession, she added. Staying strong Concerns over energy security that were highlighted by the Russia-Ukraine war showcase some of Europe’s res

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