One of the stories for markets this year has been the outperformance of European stocks to U.S. ones
One of the stories for markets this year has been the outperformance of European stocks relative to U.S. ones.
Analysts at Goldman Sachs say the outperformance can continue, and one reason is highlighted in this chart. Through Thursday, the S&P 500 SPX has gained 7% this year, compared to the 10% advance for the Vanguard FTSE Europe ETF VGK . The U.S. market is led by tech stocks, which are relatively scarce in Europe. But every single sector trades more cheaply in Europe than in the U.S.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Beyond the Good One, the Bad One, and the One Who Gets ShotChasing his Hollywood dream almost killed writer Rodney Barnes. Then he started writing stories that were more grounded in the Black experience.
Read more »
One Book, One Philadelphia picks ‘Interior Chinatown,’ explores the conflicts of the American experienceYu's 2020 novel interrogates how the news media, movies, and television impact how Asian Americans function in society.
Read more »
One-on-One with Congressman in charge of new military quality of life panelMilitary families face some unique challenges, which advocates say are causing service members to leave or not to join in the first place.
Read more »
Supply chain, red tape biggest problems for European green projects, says RWE CEOThe biggest obstacles to quickly building out renewable energy in Europe are the capacity of the supply chain and an uncertain investment environment, the head of Germany's biggest utility RWE said on Wednesday.
Read more »
European Medicines Agency expects annual COVID vaccination campaigns, similar to flu shotThe EMA's head of health threats and vaccine strategy believes COVID-19 vaccination campaigns may be conducted once a year, similar to the flu shot.
Read more »