Europe

Draghi still has ammunition in his bazooka

Draghi still has ammunition in his bazooka

7 mins. to read

Earlier in the year the ECB announced its own asset purchase programme to reflate the Eurozone economy. Investors received the news with exuberance and drove equity prices to historical highs. But so much has changed since that moment, such that what looked like the best plan in years is now seen as mere routine, embraced…

It Still Pays to Invest in Europe

It Still Pays to Invest in Europe

4 mins. to read

At a time when the S&P 500 is celebrating a six-year rally, which has seen it clock up gains of more than 180% since its 2009 low, it is understandable that investors should start to ask when this bull run will run out of steam. While economic improvement has been substantial since the financial crisis,…