The European stock market “is priced for macro perfection, but the reality is more complicated,” Bank of America (BofA) strategists said. The rally that began in October of the previous year has driven equities to record highs, pushed the ratio of European cyclicals versus defensives to a 30-year...
https://www.hellenicshippingnews.com/european-stocks-priced-for-macro-perfection-bofa/