Vive la France, long live Europe and its equities

Political risks seem tamed for now, valuations don’t appear stretched. Markets can now focus on Europe’s earnings revival. We have upgraded the region.

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All opinions and claims are based upon data on 5/8/17 and may not come to pass. This information is subject to change at any time, based upon economic, market and other considerations and should not be construed as a recommendation. Past performance is not indicative of future returns. Forecasts are based on assumptions, estimates, opinions and hypothetical models that may prove to be incorrect. Deutsche Asset Management Investment GmbH

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