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Strategists Say Don’t Expect Returns on European Stocks in 2022

  • Stoxx 600 seen ending year at 476 points in monthly survey
  • Upside seen from current levels after sharp drop this year
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Indicators Pointing to More Downside for Equities: FlowBank CIO

Forget making money on European equities this year.

The Stoxx Europe 600 Index will end December at 476 index points, down 2.5% for the year, according to the average of 15 forecasts in Bloomberg’s monthly survey. While that implies about 8% upside from Tuesday’s close, strategists have lowered their estimates by 5 index points in the past month.