Growth has returned around the world and economic conditions have finally moved in a positive direction overall. On the surface, the U.S. seems to be the leader – driven by the pro-business/pro-growth of President Trump’s policies. And while it’s true that the U.S. has experienced plenty of growth over the last few quarters, do you know who’s really driving the show?
Europe. After not ever really getting ahead following the recession, the pace of economic growth in Europe has skyrocketed and is moving faster than GDP expansion in the U.S. Perhaps even better is that European equities still seem cheap when compared to their U.S. rivals. For investors, it may be time to place our bets on European equities.
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