That accelerated an investor exodus from both regions....
For some strategists such as David Groman at Citigroup Inc, that shows Europe is already pricing the bad news. Citi turned “ overweight ” on Europe in July and cut the United States to “ neutral ”....
In such an environment, shares in autos, capital goods, retail, chemicals, banks, semiconductors and leisure – essentially cyclical sectors – are most at risk, the JPMorgan Chase Co team led by Mislav Matejka wrote. Europe loses out on ano
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2023-09-10 00:00:00.0