With inflation fears persisting and the economic cycle maturing, Barclays sees a period of higher volatility and lower returns for European stock markets.
Yet Barclays retains a positive outlook for equities, arguing that the TINA principle still prevails, with fund inflows having slowed lately. With price-to-earnings ratios having compressed, the bank expects future returns to be lower, but still positive.
Although growth is slowing and inflation is rising, Barclays does not foresee a "stagflation" scenario, since demand remains strong and financial conditions loose. "Investors still have dry powder given money markets' of $4.5 trillion. Equities are the only asset class to produce positive real yields and tend to perform well in a higher inflation regime," Cau added.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
The 9 Best Crunchy Chile Sauces You Can Buy OnlineA little crunch with your spice.
Lire la suite »
Just Buy the Damn Championship AlreadyThe Yankees are the richest team in baseball, and after another early playoff exit, it’s time for them to fully embrace their biggest advantage. joedelessio writes
Lire la suite »
Cramer says to buy tech stocks on dips as the market tries to find supportCNBC's Jim Cramer said Wednesday that October volatility is indicative of a market trying to find a bottom, and that's why he likes tech stocks.
Lire la suite »
The Only Foundations Marie Claire Editors Buy'This foundation stays put for hours upon hours on my extremely oily skin and it photographs very well.' \u2014Chelsea Hall
Lire la suite »
In dry California, some buy units that make water from airBENICIA, Calif. (AP) — The machine Ted Bowman helped design can make water out of the air, and in parched California, some homeowners are already buying the pricey devices. The air-to-water systems work like air conditioners by using coils to chill air, then collect water drops in a basin.
Lire la suite »
Ditch The Plastic And Buy An Eco-Friendly Razor InsteadBecause baby soft legs shouldn't hurt the world.
Lire la suite »