Swiss Economicblogs.org
Many asset managers have been bullish European shares this year. European and emerging market equities are among the favorite plays this year. Surveys of fund managers find that the allocation to US equities is among the lowest in nearly a decade. The case against the US is based on overvaluation and being a crowded trade. Many are concerned about too hawkish of a Federal Reserve (policy mistake) or the lack of tax...
Read More »Great Graphic: Surprise-S&P 500 Outperforming the Dow Jones Stoxx 600
