uwe Zoellner - Beyond Bulls & Bears

Beyond Bulls & Bears

Equity

Is There Scope For Optimism in Europe in 2017?

We are confident that we could see a decent earnings recovery in sectors whose earnings have been depressed for a couple of years (financials, energy), while cyclical sectors overall should likely benefit from a stronger economy overall.

Uwe Zoellner, CFA | January 13, 2017

Equity

Note to Central Banks: Equity Markets Are Not Your Problem

At some point, I believe we need to disengage from stimulus spending. If world economies can only survive if they are given cheap money—and tons of it—in my view it would mark the failure of the market economy.

Uwe Zoellner, CFA | November 19, 2015

Are European Profits Poised for a Comeback?

I believe the positive (earnings) trend will continue due to a handful of macro factors including labour reforms, lower borrowing costs and, especially, the depreciated euro, which all could help companies grow their profits.

June 29, 2015

Weak Euro, Structural Reforms Key to Eurozone Recovery in 2015

The euro is finally starting to weaken against other major currencies, and we think this weakness should provide an important boost for the eurozone’s exporters, which include not only Germany, but Belgium, the Netherlands, Luxembourg and Italy as well.

December 09, 2014

German Elections: A Stockpicker’s View

October 04, 2013

The European Two-Step

July 29, 2013

A Slow Crawl for Spain, Europe

June 29, 2012

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