While sentiment remains weak across Europe, favorable valuations, positive earnings momentum coupled with a slowly improving macro backdrop could provide a timely opportunity to invest in European small caps.
New leadership at the European Central Bank is motivating a fresh look at the policy tools available for the central bank, and WisdomTree believes European markets will find support over the coming 12 to 18 months. What is the best exposure to Europe for more a bullish view?
Recently, there has been reshuffling of ECB and broader EU leadership. In our view, these changes can be seen as a positive catalyst for European equities in 2019.