European stocks are more interesting than American ones

Amsterdam Stock Exchange

JP Morgan sees more long-term potential for stocks in Europe than for US stocks due to their lower valuation.

(Photo: Reuters)

Frankfurt The US stock markets have again outperformed those in Europe this year – but that could change next year. Because US stocks are more expensive than their European counterparts, and the interest rate turnaround will hit US investments faster than European ones. For these reasons, many fund houses find stocks from the euro zone more interesting than American stocks with a view to the new year.

The experts at JP Morgan Asset Management also believe that stocks in the euro zone are more promising than US stocks in the long term. Looking ahead to the next ten to 15 years, according to the “Long Term Capital Market Assumptions” (LTCMA) they have just presented, they expect that standard stocks from the euro area will bring investors an average of 5.8 percent per year , US stocks, on the other hand, only rose 2.8 percent.

Read on now

Get access to this and every other article in the

Web and in our app for 4 weeks free of charge.

Further

Read on now

Get access to this and every other article in the

Web and in our app for 4 weeks free of charge.

Further

.
source site