Is The European Grass Greener?
With the U.S. economy entering a sharp slowdown and the euro up 14% against the dollar since late October, many Wall Streeters are putting more money into European equities while lightening up on U.S. stocks. Joseph P. Quinlan of Morgan Stanley Dean Witter warns, however, that many big-cap U.S. companies may be a better bet than their European rivals.
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.