Reported 6 months ago
Following the European Central Bank's rate cut, Principal Asset Management's chief global strategist Seema Shah suggests focusing on cyclical stocks in Europe due to the region's economic upturn and attractive valuations. Shah predicts that European equities will outperform, especially with potential future rate cuts. This shift in market dynamics indicates a promising opportunity for investors to consider diverging from the traditionally strong US markets and exploring international markets like Europe and Asia.
Source: YAHOO