The best embodiment of funds chasing value stocks: Healthcare and finance leading Europe, luxury goods and automotive dragging down French and German stock markets.
Wisdom Finance APP has learned that the profits of French and German companies, which were originally expected to be led by the automotive and luxury brands for recovery, now appear to be facing increasingly serious risks. According to statistical data compiled by Bloomberg Intelligence, market expectations for the profit of the French CAC 40 index and German DAX index, which have repeatedly set historical highs this year, have continued to decline for next year. In contrast, profit expectations for other regional benchmark stock indices in Europe have been raised, explaining why the French and German benchmark stock indices, which hit new highs in the first half of the year, have continued to decline since October, while other European benchmark stock indices still remain on an upward trajectory.
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