The eurozone expanded at an annualised rate of 1.5% in the three months to April, and European stocks have enjoyed a robust bounce. But there’s room for more growth.
Italy’s politics have long been an international joke – but after an exceptionally farcical election at a difficult time, that joke isn’t funny any more, say Frédéric Guirinec and Cris Sholto Heaton.
Ray Dalio, one of the world’s richest men, has bet $18bn against eurozone stocks. That’s one hell of a contrarian call, says Matthew Lynn.
Nobody has been paying much attention to Europe recently amid all the fuss about inflation returning to America. But last week, it returned to the spotlight – and not in a good way.
Turkish stocks have just reached a new record.But with high debt, a weak lira and an authoritarian government, Turkey’s boom could quickly turn to bust.
There are good reasons for foreign investors to be nervous about Russia. But there are also reasons for cautious optimism about its future, says Frédéric Guirinec.
MoneyWeek’s regular contributors each pick one of their favourite investment ideas from around the world for 2018 and beyond.
The eurozone’s economy expanded by 2.4% in 2017, compared with analysts’ average forecast of 1.5%. So what went right?
Central and Eastern Europe has seen a dramatic turnaround in its fortunes, with unemployment down, confidence up and stockmarkets rallying.
Parts of Eastern Europe may be cheap for a reason, says David C Stevenson. But that doesn’t necessarily make them bad investments.
Russia has been out of fashion among global investors for several years. But things are now looking up.