Bank of America explains how it's adjusting its European stock portfolio as COVID-19 variants threaten global growth


Source: tradingforkeeps.com tradingforkeeps.com

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[post] was originally published on [this site] - COVID-19 is back at the forefront of investors’ minds as the Delta variant surges. - European investors face a challenging backdrop now with limited upside for the Stoxx 600. - Here’s which European sectors Bank of America is upgrading and downgrading. The world is increasingly eager to forget about COVID-19 forever. But it’s too soon to put the pandemic in the rearview mirror, as the highly contagious Delta variant threatens to derail global growth and dent stocks in the US, China, and especially Europe. That’s according to Bank of America, which downgraded...