Darius McDermott: Are European equities finally turning the corner?

Europe has had many false dawns in the past decade or so having been blighted by both economic and political uncertainty. Investors voted with their feet, favouring the US instead. There were some green shoots of hope for Europe at the start of 2020 as accommodative monetary policy, calming political tensions and strong underlying fundamentals (such as low levels of unemployment) promised better times ahead. A few months later and the major outbreak of coronavirus in Italy - and its subsequent spreading across Europe and beyond - was a game changer. The discussion quickly changed to w...