Opportunity in Europe?

April 27, 2015

European economic figures are now showing small but consistent improvement in economic growth. Industrial production is rising more strongly than expected, unemployment is at three year lows and economic confidence surveys now show the best figures in recent years. The European Central Bank (ECB) has commenced its massive debt security purchasing program and this combined with a weaker Euro and cheaper energy prices is stoking investor interest again.Morgan Wealth Logo

Greek sovereign debt concerns remain but solid gains have been achieved by the Dow Jones Industrial index and Japan’s Nikkei index since the introduction of similar quantitative easing into their domestic economies. Investors will be closely scrutinizing upcoming economic statistics to ascertain whether Europe can replicate an increase in asset prices seen elsewhere.

Our Top Stock Picks
Total returns on capital growth and dividends for 12 months ended 30 June 2021. Past performance is not a reliable indicator of future performance.
Objective Corp
137.67%
Xero Ltd
52.15%
BHP Group Limited
41.36%
Beta Asia Tech Tigers
39.24%
Rio Tinto Limited
35.54%
Santos Ltd
35.52%
ETFS Global Tech
35.01%
Van Eck US Wide Moat
31.95%
Van Eck World Xau Qual
26.87%
Qantas Airways
23.28%
ASX200 Accum Index (comparison)
27.80%