Issue 3: US & Europe: It’s All Relative

25 October 2024

This week’s Trading Post examines why investors should maintain an overweight position in U.S. equities and a neutral stance on European equities.

By analysing the U.S. and European business cycles—through our proprietary indicators for profit, credit, investment cycles, and cost of capital—we conclude that the divergence in their relative economic performance is likely to continue.