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Data Assets & Alpha Group: Market Structure and the Decline in European Liquidity

Making Sense

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Is There a Link Between European Markets and US Markets?

European markets have underperformed US markets by about 40% I think from early 2016 through to last year. The makeup of the big European indices, there hasn't been a great deal of turnover and the names represented there. We're not seeing new or fast-growing companies coming in and pushing out some of the older, slower-growing companies. And with those older companies, when you're thinking about trading, I think there's less of the uncertainty about their valuation.

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