Cherry Reynard, Author at Fund Selector Asia

Why European stocks could benefit most from revived risk appetite

Investors may be underestimating the potential fillip to the global economy from future rate cuts and the impact this will have on Europe.

While the path towards the 2% target is more turbulent than expected, expectations around rate cuts are now more reasonable.

Having priced in both rate cuts and a buoyant outlook for growth earlier this year, have bond markets now gone too far the other way?

Cash-strapped governments around the world are balking at the cost of green measures.

Emerging market growth is becoming increasingly dependent on fundamentals.

The Novo Nordisk share price is up 51% over the past year, while Eli Lilly is up 84%.

It is difficult to pick the resulting market outcome from any election.

Mega cap tech stocks led the way in 2023, but market performance widened in the final two months.

As relations between China and the US remain strained, those countries that are trying to stay clear of any friction could benefit.

There are solid arguments supporting a harder landing scenario than markets are pricing in.