In this episode, Federico Manicardi, Head of International Market Intelligence, and Victoria Campos, a team member, delve into the risk and reward dynamics for European equities following a robust year-to-date rally (with SXXP and SX5E indices up 5-7% YTD and 6-10% from November lows). They explore the factors driving this rally, from depressed technicals to stronger consumer data, while identifying sectors with the most favorable risk/reward profiles moving forward. The discussion also covers the European macroeconomic landscape, corporate earnings potential, political dynamics, and the potential impact of US tariffs. Federico and Victoria are joined by Eloise Goulder, Head of the wider Data Assets & Alpha Group.
This episode was recorded on January 22, 2025.
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