Examining equity performance in Europe and the US, we conclude - TopicsExpress

Examining equity performance in Europe and the US, we conclude that signs have emerged recently that indicate European equity outperformance may be a theme for 2014. - The brighter growth outlook in the euro area, potential flows from emerging markets alongside the strong historical correlation between European equity performance and EUR-USD argue that the common currency should remain well supported throughout this year. - We are still very comfortable with our out-of-consensus call for EUR-USD to reach 1.40 by the end of this year

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