S&P 500 Ratio to Stoxx 600 The S&P 500’s performance relative to the Stoxx 600 has hit the upper limit of its long-term channel. While U.S. equities may continue to lead due to strong growth potential, economic shifts could alter this trend. Image: Deutsche Bank
Earnings Sentiment – S&P 500, STOXX 600, Topix, MSCI EM, MSCI World Earnings sentiment is improving, which is good news. Image: Goldman Sachs Global Investment Research
Seasonality – Historical Average Performance of Europe Stoxx 600 Index So far, the Europe Stoxx 600 Index has not moved in line with its seasonal pattern. Image: BofA European Equity Quant Strategy
European Stocks – Stoxx 600 Should investors be bearish on European equities? Image: BofA Global Research
Valuation – Europe STOXX 600 12-Month Forward P/E European stocks still look cheaper than their U.S. counterparts. Image: Goldman Sachs Global Investment Research
Stocks – STOXX Europe 600 and Equity Strategy STOXX 600 Base Case Should investors underweight European equities in 2022? Image: BofA Global Research
Stocks Performance – China (CSI 300) vs. U.S. (S&P 500) vs. Europe (Stoxx 600) Chinese stocks outperform the S&P 500 and Stoxx 600, amid the coronavirus turbulence. Image: Financial Times
Performance – S&P 500 Index vs. Stoxx Europe 600 Index The second half of 2024 has seen U.S. stocks outperforming EU peers, largely influenced by political uncertainties stemming from the EU elections and domestic political shifts in France. Image: Bloomberg
Earnings – STOXX Europe 600 EPS Level Thanks to an accomodative monetary and fiscal policy, the STOXX Europe 600 EPS is growing much faster than during the last cycle (2007-2019). Image: Goldman Sachs Global Investment Research
Valuation – 12-Month Forward STOXX Europe 600 PE European stocks look less expensive than at the beginning of this year. Image: Goldman Sachs Global Investment Research
European Stocks – STOXX Europe 600 Price Level and Forecasts Goldman Sachs expects the STOXX Europe 600 at 530 in 2022. Image: Goldman Sachs Global Investment Research