Although equity valuations on the continent look good, the economy and the Euro are not faring too w...
Although equity valuations on the continent look good, the economy and the Euro are not faring too well, so it might be better to invest in UK rather in European stocks, says L&G's financial economist Andrew Clare. Clare has identified the investment hotspots by comparing the performances of the UK and Euroland economies. The Euroland equity market is currently at a ten-year low with the PE ratios of the French CAC40 at 10.2 and the German DAX at 9.4. The Euroland equities appear to be on the cheap side of fair value when compared to the US S&P500's PE ratio which is currently a...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes