Is this the beginning of the time of the European Payment period in the market?

Open free editor’s words

Roula Khalaf, the gap editor, chooses the stories he likes most during this weekly.

The writer is a major in European marketplace, Middle East and East Africa to Jpmorgan Lense

Is it the beginning of a European time choice period in the market? In the past six months, many investors would have thought that a great idea, even though you have been selected for a little to the White House. But in Euro, Index Index Index has raised 9 percent in a year until the decrease of 9 percent. Investors wondering if the wave change. May be.

Ten years of unemployed equity is due to the weaknesses of a panese, and “error” of the environment. Let’s get this. Naysayers will argue with Europe’s economic problems are not organized. The population cannot grow strong with Mario Drash, his temperature in Europe, made a great deal of problems from a computer.

However, there is one part of the environment that often ignores. It is, for the last decade, Europe is saved in all areas of policy – gifts, money and administration.

Here are statistics to show this point here. In the past ten years, the US government has been laughing in its economy with money: Aid aid and tax charges for families. As a result, a government debt as part of GDP is up with 17 percent points. On the other hand, eurozone, a government debt as a gdp paints with 5 points.

Money policy played a critical role in less disaster period. Although the government’s elevated government has raised inflation, it was protected by many contracts, covered below the interest rates. On the other hand, the European bills are highly dependent on floating bills provided by their local bank. These figures of mathematical measures that defeat these financial conditions indicate the US puper, but in Euro, finance and difficulty until two years ago.

Eventually, each too must consider debt regulations. The laws of fighting weather transformation has been lifted in recent years to drive companies to broader salvation. To increase these incuecounice’s woe, the harbor of Europeans welcomed him a lot, as the joy of the intelligence increased and greater fat.

Viewed this lens, a person can see how much the wave changes. The state of being attacked by trumpet has printed the place you work with. The financial policy is being released, and not only in a zone area. A package of € 500bn of € 500bn German € 500bn Money Plan is still calming. It is almost possible that true natural rats will come back next to zero to Eurozone and in the UK. This is already famous for loan debt. And, in the end, the administration of control estimates in areas such as the weather change plan.

Although all of this should be confident and fuel recovering, it can be reduced by the American billing wave and a situation worse in Ukraine. But one also must cover this Macro view with a visual view of the value of US Quality, especially US Technology. The final essentials of the European Defetteng in Europe, each of the United States, was 2000 – was dangerous with your long and painful bubble in 2000.

We do not seem our stocks are meant to pass the same time around. The companies given us when they come back in recent years have been presenting a good reward, and many have a lot of money to their moderate sheets. But these companies have a tricky platform to live and provide a higher investment income that they were being reduced.

Although the latest period of long periods of time, many European stocks is trading with a heavy sign in their US US couple. The details I have ever passed away, I don’t mind. Investors facing investing investment, given our US weight in US Global Acromark Added from 62 percent today. Europe Europe of Europe of Europe of Europe could not be there, and those with infants should think about our weight is right in front.