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Maximilian Uleer, Deutsche Bank head of European equity and cross-asset strategy, joins 'Money Movers' to discuss how investors should play European equities, what needs to happen before investors should put money to work, and more.
Although the natural inclination of retail investors is to invest in U.S.-listed stocks because they're the ones people are most familiar with, it makes sense to look beyond America's borders with global ETFs. Unlike most countries, home-country bias isn't nearly as big a deal because the U.S. market capitalization is $46.2 trillion, accounting for 42.5% of the world market cap.
After hitting a new all-time high in February, the FTSE has struggled to find any sustainable support, hurt by concerns over China, the UK's struggling economy, and high interest rates across the world. We have had some positive data out of China, the UK, and the US this week, which may mean the worst days are behind us.
Slowly but surely, the inflation outlook for the eurozone is improving. Headline inflation is normalising, but persistent core inflation is complicating things.
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