From Morningstar: 2024-04-02 05:40:00

In the first quarter of the year, global stock markets have seen overwhelmingly positive performance, reaching all-time highs despite a mixed earning season. Market confidence is justified due to anticipated rate cuts and a strong economic outlook. Europe, with lower inflation and unemployment than the U.S., is poised for potential interest rate cuts and market opportunities. Financials may suffer, but consumer sectors and utilities could benefit from rate cuts, as seen in positive sales growth for companies like Ocado. However, belt-tightening in the European consumer sector is still a reality, even with signs of strength in certain areas.



Read more at Morningstar: Q2 European Markets Preview: Rate Cuts, Earnings on…