Investors are focused too much on the U.S., while they are totally ignoring what is happening in Europe. What they are missing is that Europe's economy is actually improving.
I believe the euro will be heading north soon due to improving current account surplus and industrial production. European stock markets will fare better due to higher GDP growth, manufacturing PMI, consumer sentiment and retail sales. An improving employment picture in Europe will boost the overall economy.
To read the analysis go here.
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