European stocks deserve more attention
Europe has made structural improvements and we think investors should sit up and take notice.
We’ve all seen how Sustainable Investing and ESG themes have captured the headlines and investor attention. To help you understand the key implications, and to facilitate conversations with clients, we have launched the 7 Essentials of ESG, a new infographic from our Market Insights team.
The Fed’s dovish pivot has tipped the odds away from recession. Sub Trend Growth is now our base case probability at 60%, and we’ve dropped the likelihood of Recession to 30%. We raised the probabilities of Above Trend Growth and Crisis from 0% to 5%.