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Is it time to buy Europe and sell the US?

From moneyweek.com

Earlier this week, the European Union managed to agree a deal to issue joint debt to fund a post-coronavirus recovery package. The deal wasn’t perfect or even especially impressive. But it was a deal. Does it make European stocks worth betting on? Not in itself. But something else does... The US dollar looks like it’s heading lower for longer The US dollar is one of the most important prices in the world. Everyone needs dollars. So when US dollars are expensive, it means that money is tight across the globe. US dollars have been expensive in recent years. That seems to be changing now. The US dollar index (a measure ... (full story)

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  • Category: Fundamental Analysis