In this episode, we will reflect on Europe: its apparent stability, its underlying vulnerabilities, and above all, how it can mobilise its capital to return to innovation and growth.
Let’s get started.
Fifteen years ago, Europe was on the brink of collapse. Today, the region is economically sound: exports are strong, inflation is under control and unemployment is relatively low. The euro offers stability to southern countries and, through its relative discount, competitiveness to northern countries. Debt is firmly held by local institutions, and its mutualisation has begun. It can no longer really be attacked.
This podcast is distributed for informational purposes only and does not constitute advice, an offer or solicitation by or on behalf of H2O AM to buy or sell any securities, related financial instruments or other products, or to engage in any trading strategy in any jurisdiction. The analyses and opinions contained in this document represent the views of the author(s) referenced as of the date indicated and are subject to change without notice.
Before investing in any product, investors should fully understand the risks, including the market risk associated with the issuer, the financial benefits and the suitability of such products, and consult their own advisors. Investors should be aware that the value of an investment and the income derived from it may fall as well as rise, and that past performance is not a guide to future performance.