(Bloomberg) — For money managers nervous about U.S. equities at all-time highs during an economic crisis and election year, Europe could be the antidote.Investors from BlackRock Inc. to Manulife Investment Management say the region’s coordinated and fast response to the pandemic is also a good reason to be confident, despite the fact that European stocks have stalled since early June.The bullish mood on Europe can largely be viewed as a scramble for alternatives to the U.S., where equity valuations look stretched and China tensions are running high. The November election is also souring sentiment as President Donald Trump battles the …read more
Source:: Yahoo Finance
