Darius McDermott, managing director at Chelsea Financial Services, dives into European equities
Strong returns from European equities were one of the pleasant surprises for investors in 2021. The truth is, few would have expected them 12 months ago when the region was being chastised for its lack of co-ordination as it sought to recover from the challenges of Covid. There are also positives coming into 2022: corporate profits in the eurozone are forecast to be up by about 50% year-on-year for 2021 and growth of 8%-9% is expected for 2022. Europe is also a leader in ‘green technology' as well as other innovative, fast-growing industries. Navigating the uncertain higher inflatio...
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