Surveillance: Central Bank Policy with Nordvig
Bloomberg Surveillance
00:00
European Stocks Outperformed the US Equity Markets for the First Time in a Long Time
The European stock trade, like for example, in banking space has worked out, right? So B&P has recovered 20% from the lows as up significantly in the year. The fact that interest rates are rising is creating a different environment for equities and banks have done very well. Europe doesn't have a tech sector, so on that front the tech sector's speak up, so that front the US is going to be leading. But I think overall we have a situation where European equity markets have outperformed the US equity markets for the first time in a long time.
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