Europe: Is this the bottom?

Despite the latest indicators of weak economic growth, European equities have the foundations for attractive returns.

Summary: European stocks followed other markets to rally last week, but investors are concerned as to how sustainable growth will be in the face of the latest disappointing macroeconomic signals. Whether the economy has bottomed relies on the tensions with Russia being sorted – and we can’t know this for certain. For European equities, however, it’s a different story.

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