Macro Minutes: Outlook for Eurozone Equities

In this Macro Minutes video, Fisher Investments Capital Markets Research Analyst Larissa Murray shares our outlook for eurozone equities this year.

Key Points

• We expect eurozone stocks to continue outperforming US and global stocks for the time being, as economic and political realities beat mismatched expectations.
• In our view, sentiment toward the eurozone—though warming in parts—remains focused on well-appreciated political uncertainty and external demand weakness.
• Political uncertainty—both domestically and in US—has peaked, which is likely to continue to act as a tailwind for eurozone equities as the year progresses.