Rebound? You Wouldn't Know It From The BoursesBill Javetski
European inflation is tame, and upward revisions of profits and growth forecasts are coming weekly. So you might think that Nicholas Knight, Nomura Research Institute Ltd.'s London-based strategist, would be counseling clients to pile into equities. Guess again. "If the macroeconomic side is so good, I ought to have a long list of stocks I'd like to buy," he exclaims. "But I'm struggling."
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.