U.S. and European Buybacks

U.S. and European Buybacks U.S. and European buybacks as percentage of cash are not at their pre-global financial crisis levels. Picture source: Goldman Sachs Global Investment Research

U.S. Buybacks vs. European Buybacks

U.S. Buybacks vs. European Buybacks This chart shows that European buybacks are not as popular as they are in the U.S.. Picture source: Goldman Sachs Global Investment Research

U.S. Equities at 70-Year Highs vs. European Equities

U.S. Equities at 70-Year Highs vs. European Equities Are European stocks more attractive than U.S. stocks? Currently, the euro area economy is more impacted by the global slowdown than the U.S. economy. And investors also think that the euro area economy is less resilient than the U.S. economy in the event of a shock. Picture source:…

Negative Yielding European Corporate Bonds

Negative Yielding European Corporate Bonds Now, €1.1 trillion of European corporate bonds yield are below zero: exactly half of the European high-grade credit market. Picture source: BofA Merrill Lynch

GDP Growth Differential: U.S. vs. European Union

GDP Growth Differential: U.S. vs. European Union U.S. GDP growth has been stronger than in the European Union in 28 of the last 40 quarters. It can explain why the U.S. dollar has been so strong relative to the euro. Picture source: Brandywine Global

Could European Stocks Outperform U.S. Stocks?

Could European Stocks Outperform U.S. Stocks? This chart shows U.S. vs. European stocks at 70-year highs. Keep in mind that investors think that the euro area economy is less resilient than the U.S. economy in the event of a shock. Currently, the euro area economy is more impacted by the global slowdown than the U.S.…

Do Central Banks’ Negative Rates Work in Europe?

Do Central Banks’ Negative Rates Work in Europe? Not really. Actually, negative rates distort economies and leave little room to maneuver in the next recession. Secondly, extremely low interest rates are also bad for European banks, like Deutsche Bank, which in turn is bad for economic growth. It’s a feedback loop which could lead to…