The Eurozone is looking better for 2H2024 JPM

News Snapshot:

J.P. Morgan analysts believe the second half of the year could offer a great entry point to European equities (NYSEARCA:VGK), (FEZ), according to an Equity Strategy report. The backdrop for European equities (VGK), (FEZ) vs. the U.S. is continuing to do better this year, with the European Confederation of Independent Trade Unions (or CESI) above the U.S. The European Central Bank has also started easing rates, while the Federal Reserve has kept rates the same so far. In addition, better China (FXI), (MCHI) performance helps Europe, and its valuation relative to the U.S. “are as cheap currently as the extremes...